Jun 03, 2011, 12.51 PM | Source: Moneycontrol.com
With a recurrent theme transformational initiatives at Reliance, corporate honcho and RIL chief Mukhesh Ambani addressed the company’s 37th Annual General Meeting on Friday.
Declaring that the company will go debt-free in on a net basis in the current 2011-12 fiscal, India’s poster boy company also announced a huge 80% dividend for its shareholders.
For a detailed read of the Reliance Chairman’s statement, click on the attachment.
Read between the lines: Here's what experts say of the AGM
To read the full report click here