Reliance Industries to hold 47th AGM today
Mumbai/IBNS: Mukesh Ambani's multinational conglomerate Reliance Industries Limited (RIL) is set to hold its 47th annual general meeting (AGM) on Thursday (August 29), the company informed the exchanges last week.
According to the exchange filing, the AGM, which is set to commence at 2 pm today, will be conducted virtually in line with contemporary practices and regulatory guidelines.
"The 47th post-IPO AGM of the members of the company will be held on Thursday, August 29, 2024 at 2:00 pm (IST) through video conferencing, in accordance with regulations," the company filing read.
Reliance Industries Chairman Mukesh Ambani is expected to address shareholders during the event.
RIL will determine shareholder eligibility for the FY24 dividend, should it be declared at the AGM, according to reports.
The MNC said that any approved dividend would be distributed within a week of the meeting's conclusion, as per media reports.
RIL Chairman Mukesh Ambani's speech is also typically a highlight of the AGM, often outlining the MNC's achievements, future strategies, and occasionally unveiling major initiatives, reports Mint.
The 47th AGM of Reliance Industries is generating significant interest among investors and industry analysts, who will be watching closely for any announcements regarding RIL's future plans across its diverse business portfolio, as reported by Mint.
The AGM will be live-streamed on various platforms, including JioMeet, YouTube, Facebook and Twitter.
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
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