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This Article is From Mar 10, 2016

Reliance Industries Declares Interim Dividend

Reliance Industries Declares Interim Dividend
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New Delhi: Reliance Industries Ltd (RIL) on Thursday said its board of directors has declared an interim dividend of Rs 10.50 per share for 2015-16, involving a payout of nearly Rs 3,300 crore, 46 per cent of which would go to the promoter Ambani family.

"The interim dividend on equity shares will be dispatched/credited to those members whose names appear on the company's Register of Members and to the beneficial owners whose particulars would be furnished by the depositories as on record date, ie March 18, 2016," the company said.

The promoter Ambani family controls 46.66 per cent of RIL with Mukesh Ambani directly owning 36.15 lakh shares. His wife Nita owns another 33.98 lakh shares while their three children own about 68 lakh shares.

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