India's most valued company Reliance Industries Limited (RIL) today said that the bonus shares alloted by the company have been listed on stock exchanges, trading in which would commence from tomorrow.
"The bonus shares have been listed with National Stock Exchange of India and Bombay Stock Exchange and have been admitted for dealing with effect from December 07, 2009," RIL said in a statement here.
Shareholders of the Mukesh Ambani-led company had approved the issue of bonus shares on November 17 in the ratio of 1:1 of the face value of Rs10 and RIL had allotted them to the eligible members as per their shareholdings on the record date onNovember 27, 2009.
The RIL board had in October approved 1:1 issuance of bonus shares after a 12-year gap. The last time the company announced a bonus issue was in October, 1997.
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