Does Reliance Industries give bonus shares?
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Reliance Industries Ltd. has given 2 bonuses since Nov. 26, 2009. The last Bonus that Reliance Industries Ltd….Corporate actions: Bonus history for Reliance Industries Ltd.
| Ex-Date | Bonus Ratio | Record Date |
|---|---|---|
| Sept. 7, 2017 | 1:1 | Sept. 9, 2017 |
| Nov. 26, 2009 | 1:1 | Nov. 27, 2009 |
Bonus shares are issued according to each shareholder’s stake in the company. For example, a three-for-two bonus issue entitles each shareholder three shares for every two they hold before the issue. A shareholder with 1,000 shares receives 1,500 bonus shares (1000 x 3 / 2 = 1500).
What is the meaning of 1 1 bonus share?
Bonus shares are issued in a particular ratio (eg 1:1, 1:2 etc). This means that the company will issue one bonus share for every one share held by the existing shareholders and one bonus share for every two shares held by the existing shareholders, respectively.
PREMARKET
| Bonus History | ||
|---|---|---|
| Announcement Date | Bonus Ratio | Ex-Bonus Date |
| 21/07/2017 | 1 : 1 | 07/09/2017 |
| 07/10/2009 | 1 : 1 | 26/11/2009 |
| 13/09/1997 | 1 : 1 | 27/10/1997 |
Why Companies Issue Bonus Shares? Bonus shares are issued by a company when it is not able to pay a dividend to its shareholders due to shortage of funds in spite of earning good profits for that quarter. In such a situation, the company issues bonus shares to its existing shareholders instead of paying dividend.
Who is applicable for bonus shares?
All existing shareholders before the ex-date and record date are eligible to receive bonus shares issued by a company. However, to qualify to receive bonus shares, the company stocks must be bought before the ex-date.