https://www.livemint.com/market/stock-market-news/ril-stock-soars-to-52-week-high-on-demerger-announcement-analysts-expect-focus-ahead-of-q1-results-11689515847855.html
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7/16/23 at 1:57pm
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Ujjval Jauhari
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The record date for demerger is 20 July and RIL shareholders will be issued Jio Financial Services (JFS) shares in a ratio of 1:1 (one equity share of Jio Financial Services for every share held in RIL).
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