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The 45th AGM meeting of Reliance Industries will start from 2 pm on Monday. Mukesh Ambani, the head of Reliance Industries, will address this AGM through video conferencing. This AGM will also be broadcast on many platforms of social media. The eyes of the business world are on this AGM. There is speculation about the agenda of this meeting. It is believed that many big announcements can be made in this time’s AGM, from Reliance Jio’s IPO to Reliance Retail’s IPO announcements. An announcement can also be made to launch 5G mobile service in this AGM. Let us tell you that earlier in the 2019 AGM meeting, the company’s chairman Mukesh Ambani had talked about listing Reliance Jio and Reliance Retail on the stock exchange in the next five years.
Latest technology will be used in the broadcast of AGM
This AGM of Reliance Industries will also be broadcast on virtual reality platform on many platforms of social media. During this, Omantel, Realty, Virtual Realty and Mixed Realty technologies will be used.
Where will Reliance’s AGM be telecast?
Apart from the direct meeting link of Reliance Industries, you can also watch on Twitter, Facebook, Ku, Jio Meet and YouTube. You can watch live videos and updates of Reliance Industries’ AGM by visiting @flameoftruth on Twitter. If you want to see by visiting Koo, then for this you can see by clicking on https://ift.tt/YpPhUCi. Apart from this, AGM can also be seen on Jio Meet. You can get updates related to AGM by messaging on WhatsApp number 7977111111.
Important announcements can be made during AGM
JM Financial believes that the timeline for the IPO of Reliance Jio, Reliance Digital and Oil to Chemical unit may be announced at the AGM of Reliance Industries. At the same time, brokerage firm CLSA believes that Reliance Jio’s IPO can be launched this year, whose market value is estimated to be 100 billion dollars (Rs 8 lakh crore). According to CLSA, Reliance Jio’s IPO will act as a major catalyst for the valuation of the entire telecom sector.
The launch of 5G service may be announced at the AGM
The government has allotted spectrum to the companies that won the spectrum in the auction of 5G spectrum and asked them to prepare for the launch of 5G service. In such a situation, it is believed that Mukesh Ambani can announce the launch of 5G service at the AGM of Reliance Industries. Reliance Jio has spent Rs 88,078 crore to acquire 5G spectrum.
A big decision may also come on the success plan in Reliance AGM
Mukesh Ambani can also make a big announcement on his success plan during the Reliance AGM. Earlier in June, Reliance chief Mukesh Ambani handed over the post of chief executive of Reliance Jio Infocomm Ltd to Akash Ambani in the process of handing over the reins of succession to the next generation. Akash Ambani was approved for appointment as the chairman of the board of directors of RJIO with effect from June 27. Now there is news that Mukesh Ambani can crown Isha Ambani in Reliance Retail. A big decision can also be taken on the role of Anant Ambani during the AGM.
The post Reliance AGM: Reliance Industries’ AGM today, big announcement possible on 5G launching and Jio IPO appeared first on Spotlight 7.
source https://spotlight7.com/business/reliance-agm-reliance-industries-agm-today-big-announcement-possible-on-5g-launching-and-jio-ipo/
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