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In November 2009, Reliance Industries issued 1:1 bonus shares to its shareholders. [citation needed] In 2010, Reliance entered the broadband services market with acquisition of Infotel Broadband Services Limited, which was the only successful bidder for pan-India fourth-generation (4G) spectrum auction held by the government of India.
An issue of bonus shares is referred to as a bonus share issue. A bonus issue is usually based upon the number of shares that shareholders already own. [2] (For example, the bonus issue may be "n shares for each x shares held"; but with fractions of a share not permitted.) While the issue of bonus shares increases the total number of shares ...
The acquisition occurred by maneuvering a complex deal through the Independent Media Trust (IMT), set up by Reliance Industries to issue a loan for the debt encumbered Network18 in 2012. [26] [47] It resulted in Reliance receiving 78% of the shareholding, [47] and as of 2019, the conglomerate holds 73.16% of the shares. [80]
The big shareholder groups in Reliance Industries Limited (NSE:RELIANCE) have power over the company. Institutions...
In corporate finance, a scrip issue, also known as capitalisation issue or bonus issue, is the process of creating new shares which are given free of charge to existing shareholders. It is a form of secondary issue where a company's cash reserves are converted into new shares and given to existing shareholders , [ 1 ] or an issue of additional ...
For the full year, we achieved organic revenue growth of almost 10%, adjusted earnings-per-share growth of 12.4%, and free cash flow growth of 21%. We also repurchased $810 million worth of MSCI ...
Reliance Power Limited ... if the company's stock price were to cross ₹650–700, ... Reliance Power decided to issue 3 bonus shares for every 5 shares held. [20]
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