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Today i.e. Friday, June 19, 2026, is going to be a very historic and important day for the Indian Stock Market and the corporate world. The 49th Annual General Meeting (AGM) of the country’s most valuable company Reliance Industries Limited (RIL) will be held today at 2:00 pm. Investors, market analysts and brokerage houses from India and abroad are keeping a close eye on this mega-meeting to be led by Mukesh Ambani.
At this year’s AGM, major announcements regarding the future of Reliance’s three largest subsidiaries—Jio Platforms, Reliance Retail, and New Energy business versus the traditional oil-to-chemical (O2C) business will determine the condition and direction of the market. Along with this, Dalal Street will also keep a key eye on the company’s visionary roadmap regarding the recent major global agreements in the field of Artificial Intelligence (AI) and Data Center.
Financial report card of last 3 years: Reliance’s strength is continuously increasing
Ahead of the 49th AGM, if we look at the consolidated financial performance of Reliance Industries for the last three financial years (FY24 to FY26), the company has seen an impressive and sustained growth in Income, Operating Profit (EBITDA) and Net Profit, which reflects its strong business model:
1. Total Annual Income
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FY 2023-24: ₹10,00,122 crore
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FY 2024-25: ₹10,71,174 crore
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FY 2025-26: ₹11,75,919 crore
2. EBITDA – Operating Profit
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FY 2023-24: ₹1,78,290 crore
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FY 2024-25: ₹1,83,422 crore
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FY 2025-26: ₹2,07,911 crore
3. Net Profit
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FY 2023-24: ₹79,020 crore
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FY 2024-25: ₹81,309 crore
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FY 2025-26: ₹95,754 crore (The company has created a new record by registering profits beyond ₹ 95 thousand crores)
This time the market’s focus will be on these 5 big triggers in RIL AGM 2026
Among the equity market veterans and shareholders, there is maximum curiosity about the big announcements to be made during Reliance’s AGM today mainly in the following five areas:
1. Mega IPO and listing timeline of Jio Platforms
The biggest single trigger of this time’s AGM for Dalal Street is the stock market listing of Reliance’s telecom and digital unit ‘Jio Platforms’. Earlier, the company management had given a strong indication of its value unlocking and listing in the first half of 2026. Today the market is eagerly waiting for Mukesh Ambani to announce Jio’s mega IPO and a firm and accurate timeline for listing in the stock market.
2. New Energy Business: Commissioning of Jamnagar Giga Complex
Reliance has made huge investments worth billions of dollars in the green and renewable energy sector in the last few years. The state-of-the-art ‘Giga Complex’ being built in Jamnagar, Gujarat is now in the final stages of its installation and commercial production is expected to start here very soon. Investors today want clarity on the official commissioning schedule of the first phase of this giga complex and the commercial outlook for solar panels and green hydrogen production.
3. Reliance Retail: Future Outlook and Growth Strategy
In the last Annual General Meeting, the management had set an ambitious target of doubling the size and turnover of Reliance Retail within the next 5 years. However, during the last one year, there have been many major challenges at the global uncertainties, inflation and macro-economic level. In such a situation, the market will keep an eye on Reliance Retail’s new store expansion plan, e-commerce (JioMart) strategies and its valuation outlook.
4. AI and Data Center: Big plans expected after Meta deal
Reliance is rapidly expanding its footprint in the era of Artificial Intelligence and Cloud Computing. recently 10 June 2026 Reliance in Jamnagar, Gujarat A massive AI data center with a capacity of 168 megawatts (MW) World’s leading tech company to establish Meta Has signed a historic and big strategic agreement with. Today investors will be keeping an eye on whether after this meta deal, Reliance announces new partnerships with some other big global players in the AI space (like Microsoft or Nvidia) and what blueprint it presents for affordable AI services for the common citizens of the country.
5. Traditional O2C and Petrochemical Business
Analysts will also keep an eye on the margins and refining outlook of the company’s core refining, O2C (oil-to-chemicals) and petrochemicals businesses amid the volatility in crude oil prices (especially after the recent US-Iran peace deal). However, it is clear that the primary focus of Reliance has now completely shifted towards consumer facing and tech-oriented sectors (Jio, Retail, New Energy).