Mukesh Ambani has announced that Reliance Industries may issue bonus shares at a 1:1 ratio. This means that for every share an investor owns, they could receive an additional share if the proposal is approved. The company’s Board of Directors will meet on September 5, 2024, to discuss and recommend this to shareholders. Reliance Industries, India’s most valuable company with a market cap of Rs 20.56 lakh crore, last issued bonus shares in September 2017.
