RIL AGM 2024: When and where to watch Reliance Industries 47th Annual General Meeting

Shareholders are awaiting insights into how India’s largest conglomerate plans to capitalise on emerging opportunities and fuel growth.

Reliance Industries Ltd (RIL) will host its 47th annual general meeting (AGM), a key event where investors and analysts anticipate significant announcements, on August 29.

The AGM will take place via video conferencing and other audio-visual methods, beginning at 2 pm. RIL chairman Mukesh Ambani will lead the meeting with his address, which will be followed by speeches and presentations from other board members and representatives from the company's subsidiaries.

The event will be live streamed across various platforms.

For a truly immersive experience, the company said that the RIL AGM will also be available in Metaverse (link for which will be shared separately).

JIOMEET

Link: https://jiomeet.jio.com/rilagm/joinmeeting

Shareholders and others can join the AGM 30 minutes before the scheduled time.

Click on OTHERS, enter your full name and organisation, and captcha code that will appear on your screen, to join the AGM. Access will be available from 30 minutes before scheduled time of the event.

YOUTUBE

Reliance Updates Channel: https://www.youtube.com/user/flameoftruth2014

Playback URL: https://youtube.com/live/myn2DqU3094

Jio: https://www.youtube.com/jio

Playback URL: https://www.youtube.com/watch?v=myn2DqU3094

FACEBOOK

Reliance Industries Limited Page: https://www.facebook.com/RelianceIndustriesLimited

Playback URL: https://www.facebook.com/events/610199153827102/

Jio: https://www.facebook.com/Jio

Playback URL: https://www.facebook.com/events/1241770857010122/?ref=newsfeed

TWITTER

@RIL_Updates (https://x.com/ril_updates)

Playback URL: https://x.com/i/broadcasts/1mnGeAZvaBZGX

@RelianceJio (https://x.com/reliancejio)

Playback URL: https://x.com/i/broadcasts/1YqxovbpzzBJv

INSTAGRAM

@RelianceUpdates (https://www.instagram.com/relianceupdates)

@RelianceJio (https://www.instagram.com/reliancejio)

Investors await key updates on IPO timelines, new energy projects, and succession plans

Shareholders are awaiting insights into how India's largest conglomerate plans to capitalise on emerging opportunities and fuel growth. JM Financial pointed out that shareholders will closely monitor timelines for potential public listings of Reliance’s digital and retail units and updates on the progress of new energy projects. Investors will keenly watch for any concrete plans or dates for initial public offerings of Reliance Jio or Reliance Retail. During the 2019 AGM, the management announced plans to list both businesses within five years.

Investors will also watch for any potential strategic stake sales in Reliance’s oil-to-chemicals (O2C) segment, said JM Financial Services in a report. Details on possible buyers, transaction value, and strategic benefits of such a sale will be closely monitored.

There will be significant interest in updates regarding ongoing projects in the new energy sector.

Further details on Reliance Industries’ succession plans are of interest. Investors will look for updates on leadership transitions, key appointments, and how the succession strategy aligns with the company’s long-term vision.

The AGM is expected to provide insights into Reliance Jio’s strategies for monetising its 5G network.

Announcements in past AGMs

Last year, Mukesh Ambani outlined various plans for Reliance Industries, including the launch of Jio AirFiber, plans on entering the insurance sector with Jio Financial Services, expansion into wind power, and a target to establish a battery gigafactory by 2026.

The 2022 AGM featured the announcement of Jio 5G's nationwide rollout by December 2023. In 2021, the company made its entry into green energy, and in 2020, Google was introduced as a minority investor.

Disclosure: Moneycontrol is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.