Reliance Industries' 1:1 Bonus Issue

India's largest conglomerate, Reliance Industries, is considering a 1:1 bonus issue on September 5.

Over the years, Reliance has issued bonuses 4 times. 1,000 shares in 1983 have grown to 12,800 shares. With the 5th bonus, those shares will increase to 25,600!

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– Bonus Ratio: 1:1 – Meeting Date: September 5 – Announcement: Reliance will issue 1 bonus share for every 1 share held.

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1st bonus: 3:5 in October 1983 Other bonuses: 1:1 in 1997, 2009, and 2017. Each bonus has doubled the shares held!

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In 1983, 1,000 shares have grown to 12,800 by 2017. With the new bonus, those 12,800 shares will increase to 25,600!

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– Next Board Meeting: September 5 – Expected Bonus Ratio: 1:1 – For Shareholders of Reliance Industries

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Reliance operates in hydrocarbons, petroleum refining, petrochemicals, renewables, retail, telecom, and digital services.

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Stay tuned for September 5! This bonus issue could double your shares if you're a Reliance Industries investor.

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