Reliance Industries Ltd (RIL) shares rose 1.4% on Friday, 29 May, after the company announced that its 49th Annual General Meeting (AGM) will be held on 19 June 2026.
The AGM follows the oil-to-telecom conglomerate, which reported revenue of nearly ₹11.76 lakh crore in FY26, supported by robust growth across its consumer-focused businesses. According to an exchange filing dated Thursday, 28 May, the meeting will be conducted through video conferencing and other audio-visual means from 2 PM onwards.
Reliance Industries has also fixed 5 June as the record date to determine shareholders eligible for the FY26 dividend.
Previously, the company’s board proposed a dividend of ₹6 per equity share for the fiscal year ended March 2026. If the shareholders approve this at the AGM, the dividend will be paid within 7 days of the meeting’s conclusion.
The company has fixed 12 June, as the cut-off date for determining shareholders eligible to vote on the resolutions proposed at the AGM.
The AGM is taking place amid heightened investor interest in the conglomerate’s consumer and digital sectors, which have continued to contribute to earnings growth despite challenges in the global energy sector. The market will also be eagerly awaiting any news on the Reliance Jio IPO.
(more to come)