Tue Oct 29 11:27:22 UTC 2024: ## Reliance Industries Announces 1:1 Bonus Share Issue, Shares Adjust on Monday

**Mumbai, India** – Reliance Industries Limited (RIL) shares traded ex-date for a 1:1 bonus issue on Monday morning, resulting in a price adjustment. This means that for every existing share held by investors, they will receive one additional share.

The bonus issue is part of RIL’s strategy to enhance shareholder value and reward investors. The company’s shares are expected to trade at a lower price due to the increased number of shares in circulation.

This news comes as the Indian market shows signs of recovery after a challenging month. The Sensex ended flat, while the Nifty traded around 24,400. The FMCG sector is under pressure ahead of Diwali.

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