December 24, 2024 08:46 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
India refrains from commenting on extradition request for ousted Bengladeshi PM Sheikh Hasina | I don't blame Allu Arjun, ready to withdraw case: Pushpa 2 stampede victim's husband | Indian New Wave Cinema Architect Shyam Benegal dies at age 90 | Cylinder blast at a temple in Karnataka's Hubbali injures nine people | Kuwait PM personally sees off Modi at airport as Indian premier concludes two-day trip | Three pro-Khalistani terrorists, who attacked a police outpost in Gurdaspur, killed in an encounter | Who is Sriram Krishnan, an Indian-American picked by Donald Trump as US AI policy advisor? | Mohali building collapse: Death toll rises to 2, many feared trapped for 17 hours | 4-year-old killed after speeding car driven by a teen hits him in Mumbai | PM Modi attends opening ceremony of Arabian Gulf Cup in Kuwait

Reliance Industries to hold 46th AGM on August 28

| @indiablooms | Aug 05, 2023, at 02:30 am

Mumbai: Reliance Industries Ltd has announced that its 46th annual general meeting will take place on August 28, according to a notice to the stock exchanges.

The company has designated August 21 as the record date to identify eligible shareholders for dividend payment.

Reliance Industries, a diverse conglomerate, declared a dividend of Rs 9 per share for its shareholders concurrent with the release of its financial results for the June quarter.

Investors on Dalal Street are anticipating some big announcements as Chairman Mukesh Ambani traditionally reveals significant updates pertaining to growth and expansion strategies during these annual general meetings.

During this session, there will likely be interest in discovering the listing date for Jio Financial Services.

Last month, RIL successfully completed the demerger of its financial services segment into Reliance Strategic Investments, subsequently rebranding the entity as Jio Financial Services.

Ambani might divulge expansion strategies for the financial services sector, particularly after its collaboration with the world's largest asset manager, BlackRock, aimed at competing in India's substantial $540 billion mutual fund sector.

Beyond the financial services domain, the market will be attentive to the management's perspective on and strategies for the retail and telecom segments.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.