Overview

• The shareholder meeting begins at 2:00 pm IST via video conferencing with live streams on JioEvents, YouTube, Facebook, X and Instagram, plus a WhatsApp help chatbot at +91-79771-11111.
• Market watchers are looking for timelines on Jio Platforms and Reliance Retail listings, with reporting indicating Mukesh Ambani will emphasize digital, AI and new energy rather than Russia.
• Analysts expect updates on AI services and home broadband expansion via Fiber and AirFiber, where the company has expressed confidence about reaching 100 million homes.
• The event follows Washington’s increase of tariffs to 50% on India-linked imports tied to discounted Russian oil purchases, intensifying scrutiny of the Jamnagar-centered oil-to-chemicals business.
• Reliance is a major buyer under a 10-year Rosneft supply deal, with Bloomberg and ICRA estimating about $571 million in company savings in the year’s first half and $3.8 billion for India in FY25, while shares traded largely flat as CLSA and JPMorgan maintained positive ratings.