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Reliance AGM On August 29: Major Announcements Expected On Retail And Jio Listings | Paisa Live
India's largest company, Reliance, is holding its AGM on August 29, where several major announcements are anticipated. Shareholders are expecting updates on the potential listing of Reliance Retail and Jio, as Mukesh Ambani had announced in the 2019 AGM plans to bring IPOs for its retail and telecom divisions within five years. According to global brokerage firm Jefferies, Jio may launch its IPO in 2025 with a valuation of approximately $112 billion. This AGM is likely to provide significant insights into Reliance’s future plans and strategic moves, potentially impacting its market position and shareholder value. Stay tuned for key developments and announcements that could shape the company’s trajectory.
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