We’d like to inform you about a significant corporate action concerning Reliance Industries Limited. A 1:1 bonus has been announced, with the record date set for October 28th.
What to Expect:
- Today’s Gain/Loss on October 28th: On October 28th, you will notice a significant fluctuation in the day’s gain/loss. This is due to the NSE not adjusting the previous close price as per the corporate action. This will be corrected starting October 29th.
- Bonus Shares in Portfolio: These bonus shares will be blocked and shown as ‘Bonus to be credited’ (under the blocked quantity) in your portfolio from 29th October until they are officially credited. The credit usually takes 10-15 days but sometimes can take longer.