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Mukesh Ambani addressed the 44th annual general meeting on Thursday. (ANI Photo)

Mukesh Ambani at Reliance AGM: 5 key takeaways

By hindustantimes.com | Written by Meenakshi Ray, New Delhi
PUBLISHED ON JUN 25, 2021 05:33 AM IST
Mukesh Ambani-owned Reliance Industries' shares declined over 2 per cent on the day of its annual general meeting on Thursday.
Mukesh Ambani, Chairman and Managing Director of Reliance Industries, arrives to address the company's annual general meeting in Mumbai. (REUTERS)
Mukesh Ambani, Chairman and Managing Director of Reliance Industries, arrives to address the company's annual general meeting in Mumbai. (REUTERS)

Reliance welcomes Saudi Aramco chairman Rumayyan into RIL board

By hindustantimes.com | Written by Shankhyaneel Sarkar | Edited by Avik Roy, Hindustan Times, New Delhi
UPDATED ON JUN 24, 2021 04:41 PM IST
  • Mukesh Ambani said that Reliance will benefit from Yasir Al-Rumayyan’s experience as he comes from one of the world’s largest companies and also from one of the largest sovereign wealth funds in the world.
Mukesh Ambani in August 2019 announced that RIL will sell a 20% stake to Aramco in the O2C business.(AP File Photo)
Mukesh Ambani in August 2019 announced that RIL will sell a 20% stake to Aramco in the O2C business.(AP File Photo)

Reliance AGM over the years: Key announcements made by Mukesh Ambani

By hindustantimes.com | Edited by Amit Chaturvedi, Hindustan Times, New Delhi
PUBLISHED ON JUN 24, 2021 09:39 AM IST
At the Reliance AGM in 2019, Mukesh Ambani announced investments of about 3.5 lakh crore to create a digital infrastructure across India, with the largest optical fibre footprint in the country.
Reliance Industries became a debt-free company last year.(Reuters File Photo)
Reliance Industries became a debt-free company last year.(Reuters File Photo)

How Reliance stock performed on AGM day in last 5 years

By hindustantimes.com | Edited by Amit Chaturvedi, Hindustan Times, New Delhi
UPDATED ON JUN 24, 2021 06:12 AM IST
Reliance AGM: RIL chairman Mukesh Ambani is expected to announce several key initiatives and talk about the company's deals at the 44th annual general meeting. The stocks of RIL have given mixed reaction to AGM announcement in the past years.
Market analysts describe how the appointment will be beneficial for RIL.(Reuters File Photo)
Market analysts describe how the appointment will be beneficial for RIL.(Reuters File Photo)

Reliance AGM: Will Aramco chairman join RIL board? Decision expected today

By hindustantimes.com | Edited by Amit Chaturvedi, Hindustan Times, New Delhi
PUBLISHED ON JUN 24, 2021 05:08 AM IST
Reliance AGM 2021: RIL chairman Mukesh Ambani had announced selling company’s 20% stake in the oil-to-chemicals (O2C) business, which comprises its twin oil refineries at Jamnagar in Gujarat and petrochemical assets, to Aramco during the 2019 AGM.
Mukesh Ambani in August 2019 announced that RIL will sell a 20% stake to Aramco in the O2C business at an enterprise value of $75 billion during the AGM in 2019 but due to multiple reasons the deal could not materialize.(AP Photo)
Mukesh Ambani in August 2019 announced that RIL will sell a 20% stake to Aramco in the O2C business at an enterprise value of $75 billion during the AGM in 2019 but due to multiple reasons the deal could not materialize.(AP Photo)

Reliance AGM 2021: All you need to know about key announcements

By hindustantimes.com | Written by Shankhyaneel Sarkar | Edited by Avik Roy, Hindustan Times, New Delhi
PUBLISHED ON JUN 23, 2021 04:15 PM IST
  • BofA securities in a report said that it expects an update on 5g related to the Jio-Google phone. Details like its potential pricing and timeline will also be discussed at the AGM.
RIL’s 43rd AGM is being held virtually amid the ongoing crisis coronavirus pandemic.(Mint file photo)
RIL’s 43rd AGM is being held virtually amid the ongoing crisis coronavirus pandemic.(Mint file photo)

Reliance AGM: Google to invest Rs 33,737 crore for 7.7% stake in Jio Platforms, says Mukesh Ambani

Hindustan Times, New Delhi | By hindustantimes.com | Edited by Meenakshi Ray
UPDATED ON JUL 15, 2020 03:07 PM IST
Investors from across the world, including Facebook and KKR, have already put in $15.64 billion (roughly Rs 1.17 lakh crore) for just over 25% in Jio Platforms.
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