Reliance Industries (RIL) said the company's board will consider a proposal to issue equity shares to existing shareholders on a rights basis.
RIL board will also consider and approve the standalone and consolidated audited financial results of the company for the quarter / year ended March 31, 2020 and recommend dividend on equity shares of the company on 30 April.
The announcement was made after market hours yesterday, 27 April 2020. Shares of RIL rose 0.91% to close at Rs 1,430.30 on 27 April 2020.
RIL is India's largest private sector company. RIL's activities span hydrocarbon exploration and production, petroleum refining and marketing, telecom and digital services.
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