Reliance Industries Limited will address shareholders on its 47th Annual Today: Mukesh Ambani |

Reliance Industries Limited will address shareholders on its 47th Annual Today: Mukesh Ambani |

Just ahead of the Annual General Meeting (AGM), shares of Reliance Industries Limited are seeing a rise. Around 10:30 am, the price was trading up 0.65% at Rs 3,015. Let us tell you that Reliance Industries (RIL) had informed the stock exchanges last week that it is ready to trade today i.e. today. The 47th Annual General Meeting will be held on August 29. So let us first know when the Annual General Meeting of RIL will start. What is the time now? How to watch online and what announcements can be made? We would like to tell you that the 47th Annual General Meeting of Reliance will be held on August 29 at 2:00 pm. RIL Chairman Mukesh Ambani may address the shareholders during the event.

The multinational company will decide on the right of shareholders to receive dividends for the 2020 financial year in the Annual General Meeting. RIL said that if approved, the dividend will be distributed within a week of the meeting ending. Ambani's speech is usually the highlight of the annual general meeting and often reveals the company's achievements, future strategies and sometimes important initiatives.

The Indian stock market expects strong IPO announcements for Reliance Jio and Reliance Retail. Apart from this, the sale of oil stocks in the energy sector, focus on non-energy projects, launch of 5G and change in leadership are also expected. Let us tell you that at the 2022 Annual General Meeting of Reliance, Chairman Mukesh Ambani announced the succession plan, in which daughter Isha Ambani will lead Reliance's retail business, son Akash Ambani will lead Reliance Jio and Anant Ambani will lead Reliance's energy business.