MumbaiA few moments ago
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Reliance is India’s largest private sector company. Its market cap is more than 18 lakh crore rupees.
The 48th annual general meeting (AGM) of Reliance Industries (RIL), the country’s largest company, is going to be held on 29 August 2025 at 2 pm today.
44 lakh shareholders are eyeing this AGM, as everyone hopes that chairman Mukesh Ambani can announce the dates of the IPO of Jio and retail business.
In addition, updates are also expected on many important issues like the company’s AI strategy, New Energy Business and Petkem expansion.
Come, let us know which 3 big things will be watched in this AGM…
1. Announcement of dates of live and retail IPO
In the 2019 AGM, Mukesh Ambani said that Jio and retail businesses will be ready for IPO in the next 5 years. Now 2025 has arrived and investors are waiting for the dates of listing these two businesses.
Global brokerage firm UBS says Jio’s IPO may come in the next 12-18 months, as this business is now “mature” and is getting mid-canal growth (around 15%).
At the same time, the IPO of retail business can come after 2-3 years, as the online business and company’s own consumer brands are yet to be scale.
2. Jio brain and AI strategy announced possible
Bank of America says that Mukesh Ambani can make a big announcement on Jio’s AI strategy in this AGM. Jio is developing a special AI service platform ‘Jio brain’, which will help in making AI more easier. Investors will keep an eye on how Jio Brain will strengthen the company’s business.
3. New energy related announcements will be monitored
According to Bofa, RIL is now becoming a deep-tech and advanced manufacturing company. Engineering work has been completed in the company’s solar and battery gig-factory and equipment delivery will begin in 2025. Recently RIL has launched its first Giga-Wat Scale Solar PV module line.
Nuwama says that in the next 4-6 quarters, RIL’s new energy platform will become operational and it will become funding itself. The company plans to increase solar efficiency to 30% through the next generation of peroveskite technology. Also, the use of its green power will reduce the cost by 25%, which can increase the company’s profits by 6.4%.
Reliance shares rise slightly before AGM
Reliance shares are trading with a slight rise today. In the morning it opened at Rs 1381 and made a high of Rs 1396. It has seen a rise of more than 15% in the last 6 months.
Reliance is India’s largest private sector company
Reliance is India’s largest private sector company. It currently works in hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, advance material and composite, renewable energy, digital service and retail sector.
