Reliance Industries shares turn ex-bonus today after bonus issue of 1:1; check key details

Reliance Industries shares are trading 1.78% higher at ₹1,351 per share at 11:40 am. More than 26 lakh shares of the company changed hands on the NSE. The traded value stood at ₹356 crore. The company's market capitalisation stood at over ₹18.2 lakh crore.

Shares of the company turned ex-bonus on Monday, October 28. The country’s most valuable company had announced a bonus issue of 1:1, which means the issue of one equity share for each share held by a shareholder. The ex-date and record date for the bonus issue was October 28. Shareholders who held Reliance Industries shares before the ex-date are eligible for the bonus issue.

The board of directors of Reliance Industries Limited in its meeting on September 5, 2024, approved the issue of bonus shares in the ratio of 1:1.

“This will be the largest-ever issuance of bonus equity shares in the Indian equity market. The issuance and listing of bonus shares will coincide with the upcoming festive season in India and will be an early Diwali Gift to all our esteemed shareholders,” the company had stated.

This is RIL's sixth bonus issue since its IPO. In 2017, Reliance issued bonus shares in a ratio of 1:1.

Oil-to-telecom giant Reliance Industries reported a nearly 5% fall in its consolidated profit to ₹16,563 crore for the September quarter of 2024-25, which was below street estimates.

The company reported a marginal uptick in its consolidated revenue to ₹258,027 crore for the September quarter compared to ₹2,55,996 crore in the year-ago period.