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Reliance Industries’ 46th Annual General Meeting: Expectations and Impact on Stock Markets

Mumbai: The 46th Annual General Meeting of Reliance Industries Limited will be held today on August 28. The meeting, watched by economists and investors alike, is expected to determine the behavior of stock markets in the coming weeks.

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Considering the Annual General Meeting of previous years, many decisive announcements were made on this occasion. That is, Mukesh Ambani announced at the 2022 Annual General Meeting that the Jio 5G network will be rolled out across the country by December 2023. At the 2021 Annual General Meeting, the company announced that Reliance is entering green energy.

Jio Financial Services, the financial services arm of Reliance, was listed on the stock market a few days ago. Apart from that, the Qatar Investment Authority recently acquired the shares of Reliance Retail Ventures Limited.

Meanwhile, ahead of Reliance Industries (RIL)’s 46th Annual General Meeting, on Monday, August 28, 2023, the market is gaining momentum. RIL is trading 0.08% higher at Rs 2,471.85 today. Also, Jio Financial Services is trading at Rs 218, up 2.71% on BSE.

This time, the country is waiting to see what new step RIL will announce. From the Jio 5 phone to affordable 5G plans and JioBook laptops for consumers… the country is expecting a lot….

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2023-08-28 08:26:10

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