Does reliance give bonus shares?
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The bonus shares will be issued to “eligible members of the company in the proportion of two new fully paid-up equity share of rupee one each for every one existing fully paid-up equity shares of rupee one each held by them, by capitalising a sum not exceeding Rs 59,91,13,022 out of the company’s free reserves and …
The book value of the Reliance Industries share will get split into two companies Reliance Industries and Reliance Jio, if Reliance Jio gets listed. The share value of Reliance Industries in the stock market will go down.
Who is the largest shareholder of Reliance?
The promoter group, the Ambani family, holds approx. 49.38\% of the total shares whereas the remaining 50.62\% shares are held by public shareholders, including FII and corporate bodies. Life Insurance Corporation of India is the largest non-promoter investor in the company, with 7.98\% shareholding.
Who is KD Ambani?
Dhirajlal Hirachand Ambani, popularly known as Dhirubhai Ambani (28 December 1932 – 6 July 2002) was an Indian business tycoon who founded Reliance Industries. Ambani took Reliance public in 1977 and was worth US $2.9 billion in 2002 upon his death.
The Process to Get Refund of Lost Shares from IEPF:
- Step 1: Claimant to Authority. A claimant has to apply to MCA through IEPF Form-5 with details of their particulars, company, and shares to be claimed.
- Claimant to Company.
- From Company to Authority.
- Grant of Claim by Authority.
Who is the founder of Reliance Industries?
Dhirubhai Ambani
Reliance Industries Limited/Founders
Dhirubhai Ambani, in full Dhirajlal Hirachand Ambani, (born December 28, 1932, Chorwad, Gujarat, British India—died July 6, 2002, Mumbai, India), Indian industrialist who was the founder of Reliance Industries, a giant petrochemicals, communications, power, and textiles conglomerate that was the biggest exporter in …
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