Reliance Industries approves 1:1 bonus shares for shareholders

Reliance Industries Limited (RIL) announced on Thursday that its board has approved a 1:1 bonus share issue, marking the first such issuance in seven years. This means every shareholder will receive one bonus share for each share held. The record date for the bonus issue will be announced separately. RIL's share price closed at Rs 2,987.15 on the BSE, down 1.41% from the previous day's close.