Tag: RIL

  • Will Reliance Announce Bonus Share Record Date Today? All Eyes On Board Meeting | Economy News

    New Delhi: The Board of Directors of Reliance Industries Limited (RIL) had in its recent annual general meeting (AGM) held last month, approved the issue of bonus shares in the ratio of 1:1. This means every shareholder holding 1 (one) fully paid-up equity share of Rs. 10 each on the record date will receive 1 (one) fully paid-up equity share of Rs. 10 each.

     

    “Pursuant to Regulation 29 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please note that meeting of the Board of Directors of the Company is scheduled to be held on Monday, October 14, 2024, inter alia, to consider and approve the standalone and consolidated unaudited financial results of the Company for the quarter and half year ended September 30, 2024. A presentation to analysts and media on financial results of the Company for the quarter and half year ended September 30, 2024 shall be made on the same day after the meeting,” RIL said in a BSE filing.

    RIL 1:1 Bonus Issue Record Date

    The company had not announced the record date for its bonus issues. Media reports are widely speculating that the company may officially disclose the record date for the bonus share in its board meeting today. 

    Reliance Bonus Issue: Early Diwali Gift For Investors

    “This will be the largest ever issuance of bonus equity shares in the Indian equity market. The issuance and listing of bonus shares will coincide with the upcoming festive season in India and will be an early Diwali Gift to all our esteemed shareholders,” RIL had said in its AGM.

    “This is the sixth bonus issue from RIL since its IPO and the second in this Golden Decade. The bonus issue is a testimony to Reliance’s continued commitment towards rewarding shareholders during the Golden Decade from 2017 to 2027”, it added.

    In 2017, Reliance had issued bonus shares in the ratio of 1:1. This was followed by a Rights Issue in 2020, where shareholder’s investment has grown 2.5 times already. In July 2023, Jio Financial Services Limited was demerged, which is valued 35 per cent higher today from its listing.

  • Reliance Jio Hikes Prepaid Plans Offering Free Netflix Subscription –Check Latest Tariff Here |

    New Delhi: Reliance Jio has increased the rates of its prepaid recharge plans that offer complimentary or free Netflix subscriptions.

    The new prices are live on the Jio website and My Jio app. As per reports in the media, price for Reliance Jio prepaid recharge plans offering complimentary Netflix have been hiked by Rs 200 and Rs 300 respectively.

    Here is the details of Reliance Jio Prepaid Plans Offering Free Netflix Subscription

    Reliance Jio Prepaid Plans @ Rs 1,099 Previous rate = Rs 1,099 Latest rate = Rs 1,299 Plan offers Rs 149 per month free Netflix Mobile subscription Plan validity = 84 days Data = 2GB mobile data per day Unlimited voice calling, 100 SMS per day.

    Reliance Jio Prepaid Plans @ Rs 1,499

    Previous rate = Rs 1,499 Latest rate = Rs 1,799 Plan offers free Netflix Basic subscription Plan validity = 84 days Data = 3GB daily data Unlimited voice calling, 100 SMS per day.

    The latest tariff hike comes close on the heels of an overhaul in mobile tariff by major telecom operators from July this year. Reliance Jio has announced price hike mobile tariffs between 12-27 percent, and also restricted the access of unlimited free 5G services for customers. The new tariffs are effective from 3rd July 2024. This is the first tariff hike in two and half years by the company.

    The price of the lowest recharge plan is up by about 27 percent or Rs 19 while that of the annual recharge plans has been increased by 20-21 percent or Rs 340. The tariff hike across the medium-range mobile service plans is 19-21 percent.

  • Reliance Shareholders Alert! Company To Consider 1:1 Bonus Issue On September 5 | Economy News

    New Delhi: The board of Reliance Industries Ltd will consider issuing 1:1 bonus shares on September 5, the company said in a regulatory filing on Thursday.

    Reliance, the nation’s most valuable company, had last issued bonus shares in September 2017.

    “A meeting of the Board of Directors of the company is scheduled to be held on Thursday, September 5, 2024 to consider and recommend to the shareholders for their approval, issue of bonus shares in the ratio of 1:1 to the equity shareholders of the company by capitalization of reserves,” the firm said in the stock exchange filing.

    Prior to the 1:1 bonus issue in 2017, Reliance had in 2009 issued 1:1 bonus share.

  • Reliance Jio New Mobile Tariff From 3 July 2024: Check Full List Of Plans And Prices |

    New Delhi: Reliance Jio has announced price hike mobile tariffs between 12-27 percent, and also restricted the access of unlimited free 5G services for customers. The new tariffs will be effective from 3rd July 2024. This is the first tariff hike in two and half years by the company.

    The price of the lowest recharge plan is by about 27 percent or Rs 19 while that of the annual recharge plans will be increased by 20-21 percent or Rs 340. The tariff hike across the medium-range mobile service plans will be 19-21 percent.

    Reliance Jio New Mobile Tariff from 3 July 2024 –Check Complete Plan And Price Chart

    Reliance Jio New Mobile Tariff from 3 July 2024: Monthly Plan

    Existing Plan (Price Rs) Benefits (Unlimited voice & SMS plans) Validity (days) New Plan Price (Rs) 155 2 GB 28 189 209 1 GB/day 28 249 239 1.5 GB/day 28 299 299 2 GB/day 28 349 349 2.5 GB/day 28 399 399 3 GB/day 28 449

    Reliance Jio New Mobile Tariff from 3 July 2024: 2-month plans

    Existing Plan (Price Rs) Benefits (Unlimited voice & SMS plans) Validity (days) New Plan Price (Rs) 479 1.5 GB/day 56 579 533 2 GB/day 56 629

    Reliance Jio New Mobile Tariff from 3 July 2024: 3-month plans




    Existing Plan (Price Rs) Benefits (Unlimited voice & SMS plans) Validity (days) New Plan Price (Rs) 395 6 GB 84 479 666 1.5 GB/day 84 799 719 2 GB/day 84 859 999 3 GB/day 84 1199

    Reliance Jio New Mobile Tariff from 3 July 2024: Annual Plan

    Existing Plan (Price Rs) Benefits (Unlimited voice & SMS plans) Validity (days) New Plan Price (Rs) 1559 24 GB 336 1899 2999 2.5 GB/day 336 3599

    Reliance Jio New Mobile Tariff from 3 July 2024: Data add-on




    Existing Plan (Price Rs) Benefits (Unlimited voice & SMS plans) Validity (days) New Plan Price (Rs) 15 1 GB base plan 19 25 2 GB base plan 29 61 6 GB base plan 69

    Reliance Jio New Mobile Tariff from 3 July 2024: Postpaid Plan




    Existing Plan (Price Rs) Benefits (Unlimited voice & SMS plans) Validity (days) New Plan Price (Rs) 299 30 GB bill cycle 349 399 75 GB bill cycle 449

    Jio has said that the unlimited 5G data will be available on all 2GB/day and above plans. The new plans from 3rd July 2024 can be opted from all existing touchpoints and channels.

  • From Barren Land To A Bountiful Landscape –How Ambani Family Transformed Jamnagar | Real Estate News

    New Delhi: Jamnagar city, which is preparing for the high-profile pre-wedding celebrations of Mukesh Ambani’s youngest son Anant Ambani with industrialist Viren Merchant’s daughter, Radhika Merchant, has become the talk of the town, gaining immense global attention.

    Jamnagar is Anant’s grandmother’s Kokilaben Dhirubhai Ambani birthplace, and the town where his grandfather Dhirubhai Ambani and father Mukesh Ambani started their business.

    Reliance, which operates the world’s largest single location oil refining complex at Jamnagar in Gujarat with capacity of 68.2 million tonnes a year, looks to become a net zero-carbon company by 2035.

    Transforming Jamnagar From Barren Land To A Bountiful Landscape

    But Jamnagar Township as we know today, was not the same flourishing hub decades back. It was Ambani family’s vision and incessant hardwork that made a barren land into a bountiful landscape. Jamnagar is today known as the Green Belt of Gujarat.

    Nita Ambani, spearheaded the designing and construction of the township in the late 1990s –the aim of which was to give home to about 5,500 families of Reliance employees.

    Nita Ambani, who had topped the list of Fortune India’s Most Powerful Women 2022, shared her arduous journey in transforming Jamnagar with Fortune. She said that she along with her team had to work out of tin sheds.

    In the scorching 42 Celsius temperatures, with no trees in sight, the Ambani family took up the mision to plant saplings across the arid region that received less than 400 cm of rain, she told Fortune. Jamnagar now has a thriving flora and fauna echosystem, with rainfall also being doubled ever since.

    Jamnagar Houses Largest Mango Orchard In Asia

    Jamnagar boasts of having the Mango Orchard in Asia — Dhirubhai Ambani Lakhibag Amrayee . Spread over 600 acres, there are more than 100 varities of mangoes. The Ambani family started with 50,000 mango trees, which now has nearly 1.5 lakh trees. While upto 70 percent of the produce from the orchard is domestically consumed, the surplus is exported.

    Furthering with Dhirubhai Ambani’s dream of planting 2 million trees and transform into a greenery hub, the Reliance family has planted crores of saplings in the area. As per the company’s annual reports, RIL has planted over 2.3 crore Saplings planted till year 2020-21, involving mangroves on 875 acres of land around its Jamnagar refinery plant.

    Vantara: Anant Ambani’s Brain-Child

    This massive project, dubbed ‘Vantara,’ or ‘Star Of The Forest,’ covers 3,000 acres in Reliance’s Jamnagar Refinery Complex. Inspired by mom Nita Ambani, Anant Ambani has conceptualised the project.  Reliance Industries and the Reliance Foundation are supporting Vantara — the project intends to provide a safe haven for mistreated, injured, and endangered animals.  The initiative is more than just a zoo; it’s a full-fledged rehabilitation facility meant to replicate the lush ecosystems from which the saved animals originally came.

    Jamnagar Upcoming Projects

    Reliance Industries Ltd in an earnings statement and investor call recently said that it will commission a new energy giga complex in Gujarat in the second half of 2024. Reliance is building a giga complex spread over 5,000 acres in Jamnagar in Gujarat. The complex comprises five giga factories for photovoltaic panels, fuel cell system, green hydrogen, energy storage and power electronics.