RIL declares interim dividend of Rs 10.50 per share

The move involves a payout of nearly Rs 3,300 crore

Reliance Industries today said its board of directors have declared an interim dividend of Rs 10.50 per share for 2015-16, involving a payout of nearly Rs 3,300 crore, 46% of which would go to 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.

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Promoter Ambani family control 46.66% 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.