Reliance Industries share price remains in focus as 28 October 2024 remains the record date for bonus issue of shares in the ratio of 1:1.

Reliance Industries shares turned ex-bonus today with a 1:1 issue, marking its sixth and largest in Indian history. The stock has surged nearly 270% since the last bonus in 2017.

Mukesh Ambani's Reliance Industries will issue bonus shares to its investors. Today is the Reliance Industries bonus share record date. Reliance Industries bonus share will be issued in the ratio of 1:1.

Reliance Industries Limited (RIL), the largest private sector company in India and a Fortune 500 company, has set October 28 as the record date for 1:1 bonus shares.

To qualify for the bonus shares, investors must purchase Reliance Industries shares at least one day before the record date.

The issue of bonus shares was approved by majority of the shareholders of Reliance Industries through an e-voting process on Wednesday, October 16.

Historically, Reliance Industries Limited (RIL) has issued bonus shares five times, beginning with a 3:5 ratio in 1980 and a 6:10 ratio in 1983. The most recent bonus issues took place in 1997, 2009,

The most-valued stock on stock exchanges opened at Rs 1,338 apiece, which was 49.61 per cent lower than Friday's closing price of Rs 2,655.45 for the stock. On adjusted basis, however, the stock was up 0.

India’s largest company, will be in the spotlight next week as it gears up for its highly anticipated bonus share issue. The record date for this bonus issue is set for October 28, just a day before Dhanteras.