Latest


RIL to consider rights issue at April 30 board meeting

  •   Mon, Apr 27 2020 10:43:23 PM

Mumbai, Apr 27 (IANS): After many years, Reliance Industries Ltd (RIL) will be coming out with a rights issue for its shareholders.

A board meeting to discuss this will be held on April 30, RIL informed the stock exchanges on Monday.

RIL said a meeting of the Board of Directors of the Company is scheduled to be held on Thursday, April 30 to consider and approve the standalone and consolidated audited financial results of the Company for the quarter/year ended March 31, 2020.

It will also consider recommending a dividend on equity shares of the company and consider a proposal to issue equity shares to existing shareholders on rights basis, as may be permitted under applicable law, subject to such regulatory/statutory approvals, as may be required.

 
  

Top Stories


Leave a Comment

Title: RIL to consider rights issue at April 30 board meeting



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.

You might also like