RIL AGM on Friday: Jio Platforms IPO could take centre stage
The high-stakes annual event arrives at a critical moment – when the shares of India’s largest oil-to-telecom conglomerate have significantly underperformed the broader market, dropping 17 per cent from their 52-week high as macroeconomic turmoil in the Gulf weighs heavily on the company’s core refining segment. Amid this, one of the key themes expected to dominate this year’s AGM is the potential timeline for the public listing of Reliance Jio Infocomm.
Earlier in August last year, Mukesh Ambani, in his AGM speech, promised to deliver the long-awaited listing of India’s largest wireless operator in the first half of 2026. He is, however, set to miss that deadline after a testing year for Reliance.
