New Delhi. The 45th Annual General Meeting (AGM) of Reliance Industries will begin today, September 29, ie Monday, at 2 pm. After this meeting, Reliance will become one of the first companies globally to hold its annual general meeting simultaneously on the virtual reality platform. Mukesh Ambani, the head of Reliance Industries, will address this AGM through video conferencing. Apart from the official JioMeet broadcast, social media, it will also be broadcast on many platforms. The eyes of the business world are constantly on this AGM. It is anticipated that many big announcements can be made in this time’s AGM, ranging from Reliance Jio’s IPO to Reliance Retail’s IPO. Apart from this, there is also a possibility to announce the launch of 5G mobile service. Let us tell you that earlier in the AGM meeting held in the year 2019, the company’s chairman Mukesh Ambani had talked about listing Reliance Jio and Reliance Retail on the stock exchange in the next five years.
On which platforms will this meeting be telecast?
The telecast of Reliance Industries’ AGM can also be viewed on Twitter, Facebook, Ku, Jio Meet and YouTube in addition to direct meeting links. You can view this meeting on Twitter by visiting @flameoftruth, on Koo at https://www.kooapp.com/profile/RelianceUpdates. Apart from this, the broadcast of the AGM can also be seen on Jio Meet. Not only this, you can also get the updates related to the AGM by sending a message to WhatsApp number 7977111111. The AGM is also likely to announce the timeline for the IPOs of Reliance Jio, Reliance Digital and Oil to Chemicals unit. At the same time, according to brokerage firm CLSA, Reliance Jio’s IPO can also be launched this year, whose market value is estimated to be 100 billion dollars (Rs 8 lakh crore). According to CLSA, the company’s IPO will act as a major catalyst for the valuation of the entire telecom sector.
The government has allotted spectrum to the companies that won the spectrum during the auction of 5G spectrum and also asked them to prepare for the launch of 5G service. In such a situation, it is feared that Mukesh Ambani may announce the launch of 5G service at the AGM of Reliance Industries, to achieve which Reliance Jio has spent Rs 88,078 crore. At the same time, it is also being speculated that during the AGM, Reliance can make a big announcement on its success plan. It is worth noting that earlier in the month of June, Mukesh Ambani, the head of Reliance Company, handed over the command of his succession to his son Akash Ambani. There is also news that during the AGM, a big decision can be taken on the coronation of Isha Ambani and the role of Anant Ambani in Reliance Retail.