Reliance Industries‘ board of directors approves 1:1 bonus issue after seven years.
Read more: Reliance Industries in focus: Board approves 1:1 bonus issue
All eyes are on Reliance Industries. The board is set to consider the 1:1 bonus issue in a few hours from now. This is the first time in nearly 10 years that the RIL board has declared a bonus issue. The last bonus issue was announced in 2017. Overall, this is the sixth-ever bonus issue that the Mukesh Ambani-led behemoth will be considering.
Read more: Reliance Industries in focus: Board to consider 1:1 bonus issue