• Reliance Industries (RIL) announced a 1:1 bonus share issue, to be issued from its securities premium account, general reserve, and retained earnings.
• The record date for the bonus issue will be announced later.
• RIL shares were trading 1.3% lower at Rs 2,989 on BSE following the announcement.
• This is the sixth bonus issue by RIL, with the last three in 1997, 2009, and 2017 being in the same 1:1 ratio.