New Delhi: The board of Reliance Industries Ltd will certainly take into consideration releasing 1:1 reward shares on September 5, the firm claimed in a regulative declaring on Thursday.
Reliance, the country’s most beneficial firm, had actually last provided reward shares in September 2017.
“A meeting of the Board of Directors of the company is scheduled to be held on Thursday, September 5, 2024 to consider and recommend to the shareholders for their approval, issue of bonus shares in the ratio of 1:1 to the equity shareholders of the company by capitalization of reserves,” the company claimed in the stock market declaring.
Prior to the 1:1 reward concern in 2017, Reliance had actually in 2009 provided 1:1 reward share.