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Diwali Gift in the liberal Bonus 1:1 by Reliance Industries

Country’s largest private Sector company Reliance Industries announced on Wednesday a bonus share 1:1 only the second time in the 32 years since it went public in 1977.
Indian Stock Market TRading Tips
The oil refining exploration and petrochemicals giant topped that with a Rs13 per share dividend for existing shareholders. The pleasant surprise to shareholder came as the company unveiled audited financial results for 2008-09. The bonus was completely unexpected and has come as a positive surprise said by Amitabh Chakroborty, president equity at Religare Enterprises.

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{ 2 comments… read them below or add one }

SANTOSH November 5, 2009 at 11:02 am

which is the effective date of RIL to issue bonus of 1:1? can i buy RIL now and be eligible for the bonus?

Yashwanth November 13, 2009 at 9:40 pm

which is the effective date of Reliance Industry to issue bonus

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