Reliance Industries Limited (RIL) has set October 28, 2024, as the record date for a 1:1 bonus share issue, approved by an overwhelming majority of shareholders. This move highlights RIL's commitment to enhancing shareholder value and reflects its financial strength, promising increased liquidity and future growth potential.
Gujarat Toolroom Limited (GTL) has just snagged a ₹310 million order from Reliance Industries, sending its stock soaring by almost 5%! This latest deal follows a completed ₹290 million order just yesterday, showing a strong bond between the two companies.
Reliance Industries' shares went up by 3% after the company said they're considering a 1:1 bonus issue on September 5. The stock reached Rs 3,074.80 on the BSE, marking an 18% increase for the year. This news came right before the company's 47th AGM.