Stock Up 2% as the Company Plans to Reward Shareholders
Reliance Industries Ltd (RIL) will discuss a 1:1 bonus share issue at its board meeting on September 5. This decision aims to reward shareholders and enhance stock liquidity. If approved, it will be the first bonus issue since 2017. The announcement led to a 2% rise in RIL’s stock. Chairman Mukesh Ambani emphasized that rewarding shareholders supports the company’s growth and value creation. #RelianceIndustries #BonusShares #StockMarket
