Shareholders will expect Mukhesh Ambani to announce revenue growth plans for Jio Platforms. Reliance has raised over Rs 1 lakh crore from Jio Platforms by selling 25.24 per cent stake to marque investors at nearly Rs 5 lakh crore valuation in the last few months. Ambani has promised to make Jio a public company in the coming five years and today he could announce future plans and how he expects to achieve the goal.
As far as the announcements are concerned, Reliance is expected to make announcements related to Jio Platforms’ revenue scale-up future plans, roadmap for retail business — JioMart, update on JioFiber, Petrochemical business and more. Ambani could also make announcements related to digital India and how the company will contribute to it. Last year, the company announced JioFiber in the country.
Reliance AGM 2020: Reliance is all set to host its first virtual 43rd Annual General Meeting today, Wednesday, July 15. The event will be hosted through video conferencing and other audio-visual means. The virtual event is scheduled to begin at 2PM onwards. Mukesh Ambani will address the event as usual.
Petrochemical business and more. Ambani could also make announcements related to digital India and how the company will contribute to it.