Reliance bonus issue: RIL board passes 1:1 issue of free shares with majority votes; Record date fixed
RIL board approved the bonus issue in the ratio 1:1 on Thursday, September 5, which was announced during the oil-to-telecom conglomerate's 47th annual general meeting (AGM) late in August. The board also approved an increase in authorised share capital from ₹ 15,000 crore to ₹ 50,000 crore.