Wed Oct 16 18:02:14 UTC 2024: ## Reliance Industries to Issue 1:1 Bonus Shares on October 28th

**MUMBAI, INDIA – October 16, 2024:** Reliance Industries Ltd. (RIL) has announced that the record date for its upcoming 1:1 bonus share issue will be October 28th. This means investors holding RIL shares before this date will be eligible to receive one bonus share for every share they own.

The bonus share issue was initially announced on September 5th and subsequently approved by shareholders via e-voting on October 16th. RIL’s statement to stock exchanges confirmed the record date, stating that shareholders on or before October 28th will be considered for the bonus shares.

The bonus share issue is expected to increase the number of outstanding RIL shares, potentially impacting market liquidity and share price. However, the move is also seen as a positive signal for investors, reflecting the company’s strong financial performance and commitment to shareholder value.

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