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| Name | Reliance Industry Ltd is distributing Jio shares for free? |
| Video Uploader | Video From Smart Investment |
| Upload Date | This Video Uploaded At 19-07-2023 13:12:59 |
| Video Discription | Reliance Industry Ltd is distributing Jio shares for free? Jio Financial Services (JSFL) is going to be demerged from Reliance Industries (RIL) on Thursday (July 20) The ratio for demerger is set at 1:1. This means for each share of RIL held before the record date on July 20, the company will award one share of JFSL. When Jio Financial is separated from Reliance Industries, the share price of Reliance Industries will need to be adjusted. The adjustment will depend on the value given to Jio Financial Services. Let's suppose, RIL's closing price is ₹3,000 on Wednesday (July 19) and it settles at ₹2,800 after the special pre-open session on July 20, the share price of Jio Financial Services would be ₹200 (3,000-2,800). JFSL is expected to get listed in the next two-three months. FOLLOW US FOR MORE UPDATES LIKE THIS visit our website. http://smartinvestment.in #Relianceandjiodemerger #RIL #relianceindustryltd #jiofinanceserviceltd #jio #JFSL #demerger #ipodetails #ipo #stocks #stockmarket #ipolistingindia #subscriptiondetails #subscriptions #smartinvestment Join this channel to get access to perks: https://www.youtube.com/channel/UCFuNkWkEIM0aSOSsCNWWVmQ/join Check out One Stop Solution for all your requirements in Stock Market Long-term Investment Tips 💰: https://smartinvestment.in/service/14 Short Term Investment Tips 💰: https://smartinvestment.in/service/13 Newspaper 📰: https://smartinvestment.in/service/12 Future and Options Tips 💸: https://smartinvestment.in/service/8 Smart School 📚: https://on-app.in/app/home?orgCode=vgfob Research Reports : https://smartinvestment.in/service/15 Follow us on 👇🏻: Facebook: https://www.facebook.com/smartinvest.in/ Instagram: https://www.instagram.com/smartinvestment.in/ Telegram : https://t.me/smartinvest_25 YouTube: https://youtube.com/c/smartinvestmentofficial LinkedIn: https://www.linkedin.com/company/smartinvestmentindia Twitter: https://twitter.com/smartinvest25 Whatsapp Group : https://chat.whatsapp.com/G5TKYcGfgGH3piXBaOAEXd Koo app: https://www.kooapp.com/profile/smartinvestment Contact us on Email: info@smartinvestment.in |
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