Thursday, September 12, 2024
HomeIndia NewsReliance Industries shares rise before AGM, what does the market expect from...

Reliance Industries shares rise before AGM, what does the market expect from Ambani

RIL AGM: Just before the Annual General Meeting (AGM), the shares of Reliance Industries Limited are seeing a rise. Around 10:30 am, it was trading at Rs 3015 with a gain of 0.65 percent. Let us tell you that Reliance Industries (RIL) informed the exchanges last week that it is ready to hold its 47th Annual General Meeting (AGM) today i.e. on 29 August.

So let us first know when will the RIL AGM start? What is its time? How to watch it online and what announcements can be made? Let us tell you that Reliance’s 47th AGM will be held on August 29 at 2 pm. RIL Chairman Mukesh Ambani can address the shareholders during this program.

Reliance Power shares suffered a setback, price fell by 1.69%

What is on the agenda of the AGM?

At the AGM, the MNC will determine shareholders’ eligibility for the FY24 dividend. RIL said any approved dividend would be distributed within a week of the end of the meeting. Ambani’s speech is usually a highlight of the AGM, often revealing the company’s achievements, future strategies and sometimes major initiatives.

Where to watch RIL AGM livestream?

The event will be live-streamed on various platforms. Shareholders and investors can join 30 minutes before the schedule through this link: https://jiomeet.jio.com/rilagm/joinmeeting

On YouTube, the Reliance Updates channel will live-stream here:

https://www.youtube.com/user/flameoftruth2014 Jio users can watch here: https://www.youtube.com/jio

Where to see Facebook users https://www.facebook.com/RelianceIndustriesLimited

Twitter users can track the live stream @RIL_Updatesfor

What are the market expectations?

The Indian stock market is expecting concrete announcements on Reliance Jio’s IPO and Reliance Retail’s IPO. Apart from this, stake sale in oil to energy, focus on non-energy projects, 5G rollout and leadership transition will also be expected. Let us tell you that at Reliance AGM 2022, Chairman Mukesh Ambani revealed the succession blueprint, with daughter Isha Ambani leading the Reliance retail business, son Akash Ambani leading Reliance Jio, and Anant Ambani overseeing the Reliance Energy business.

RELATED ARTICLES

Most Popular

Recent Comments