Reliance AGM: 47th Annual General Meeting will be held on 29 August, Mukesh Ambani will address the shareholders

Reliance AGM: The annual general meeting (AGM) of the country's largest company Reliance Industries will be held on 29 August 2024. In this meeting, the chairman of the company i.e. Mukesh Ambani will address the shareholders. Apart from this, many big decisions will also be announced in the AGM. Along with investors, industry experts will also keep an eye on this AGM.

Aug 6, 2024 - 12:45
Reliance AGM: 47th Annual General Meeting will be held on 29 August, Mukesh Ambani will address the shareholders
Reliance AGM: 47th Annual General Meeting will be held on 29 August, Mukesh Ambani will address the shareholders

Reliance Industries is India's largest company in terms of market capitalization. Reliance Industries has told the stock exchange that the 47th Annual General Meeting (AGM) will be held on 29 August 2024 (Thursday). This meeting will start at 2 pm. In this meeting, the chairman of the company Mukesh Ambani will address the shareholders.

Along with investors, industry experts will also keep an eye on Reliance's AGM. In this meeting, an announcement can be made about the strategic direction and upcoming plans of the company.

The general annual meeting was held on 28 August 2023. This meeting was held a week after the listing of Jio Financial Services.

According to the stock filing, the company has said that if there is any announcement regarding dividends (Reliance Industries Dividend) in the general annual meeting, then the dividend will be credited to the shareholders' account within a week.

The company has fixed the ex-record date of 19 August 2024 for the final dividend for the financial year 2023-24. At the same time, on 21 August 2023, the shareholders got a final dividend of Rs 9 for the financial year 2022-23.

Reliance Industries shares have given a return of 16.69 percent in the last one year. On 26 October 2023, the company's stock touched a price of Rs 2,221.05, which is a 52-week low. At the same time, on 8 July 2024, the company's share price reached Rs 3,217.90. This is a 52-week high.

In the last session, the company's shares fell by 3.46 percent due to a global sell-off. Today the company's stock is trading up 1.74 per cent at Rs 2,945.00 per share.

Reliance Industries has climbed 2 places to 86th position in the Fortune Global 500 List. In the last three years, Reliance Industries has climbed 69 places in the Fortune Global 500 list. In the year 2021, Reliance was ranked 155th.

If we talk about Indian companies, Reliance Industries is at the top among Indian companies in the Fortune Global 500 list. Reliance has made its place in the Fortune Global list for 21 consecutive years.

Muskan Kumawat Journalist & Content Writer