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Highlights

  • Reliance Industries has just approved a 1:1 bonus issue
  • If you've a RIL share, you’ll receive an additional share soon
  • It doesn't mean doubling your investment and makes a stock more liquid and higher dividend payouts

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Reliance Industries Shares For Free: Board Led By Mukesh Ambani Approves 1:1 Bonus Issue

Reliance Industries has announced a 1:1 bonus share issue, meaning shareholders will receive an additional share for each one they hold. While the share price will adjust, this move can boost liquidity and potentially lead to higher dividends.

Updated: Sep 02, 2022 10:53
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Editorji News Desk

Reliance Industries Shares For Free: Board Led By Mukesh Ambani Approves 1:1 Bonus Issue

Are you a shareholder of Reliance Industries? Then this news is for you!

The board of India’s largest company has just approved a 1:1 bonus issue.

What does this mean for shareholders?

If you hold a share of Reliance Industries on the record date fixed by the company, you’ll receive an additional share soon.

However, doubling the number of shares doesn’t mean doubling your investment.

Typically, after a bonus issue, the stock price adjusts downward to account for the increase in the number of shares.

However, it usually make the stock more liquid and might lead to higher dividend payouts.

Bonus issues are often used to reward shareholders and make shares more accessible.

Frequently Asked Questions

The board of Reliance Industries has approved a 1:1 bonus issue for its shareholders.

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