LIVE BLOG19 Jun 2026 | 08:16:21 AM ISTMukesh Ambani, Chairman and MD of Reliance IndustriesSynopsisReliance AGM 2026 Live: Reliance head Mukesh Ambani is set to address shareholders at Reliance Industries' 49th annual general meeting (AGM) today at 2PM, with investors expecting key announcements on value creation, business expansion and capital allocation as the conglomerate seeks to revive market momentum after recent stock underperformance.Reliance AGM 2026 Live: Reliance head Mukesh Ambani is set to address shareholders at Reliance Industries' 49th annual general meeting (AGM) today at 2PM, with investors expecting key announcements on value creation, business expansion and capital allocation as the conglomerate seeks to revive market momentum after recent stock underperformance.The biggest focus will be on the long-awaited IPO of Reliance Jio Infocomm. Investors are looking for a timeline for the telecom giant's listing, which could become India's largest-ever IPO. Analysts also expect updates on the possible listing sequence for Reliance Retail, another major value-unlocking trigger for the group.Alongside the much-awaited Jio IPO, investors are also keenly awaiting clarity on the timing and sequencing of the proposed Reliance Retail listing. The retail business has emerged as one of Reliance's biggest growth engines, with brokerage Equirus projecting its revenue to rise to RS 3.71 lakh crore ($44.5 billion) in FY26, further strengthening its position as a key driver of the conglomerate's future value creation.Meanwhile, artificial intelligence and data centres are also likely to dominate the growth narrative, with Reliance expected to outline its plans for large-scale AI infrastructure and monetisation opportunities. According to Morgan Stanley, Reliance is preparing to invest around $110 billion in artificial intelligence over the next seven years, marking one of its most ambitious capital expenditure programmes yet. The planned outlay is comparable in scale to the company's massive consumer business expansion undertaken between 2014 and 2021, which transformed its telecom and retail businesses.Another angle that will be closely watched is the company's new energy business, including solar manufacturing, battery storage and green hydrogen projects. Apart from growth businesses, updates are expected on Reliance's core oil-to-chemicals segment, which has faced pressure from volatile global energy markets. Commentary on debt reduction, dividends and telecom tariffs will also be in sharp focus during today's AGM. Show more Show less1 New UpdateRIL 2026 AGM Meet Live Updates: Can Reliance's oil-to-chemicals business stage a comeback?While newer businesses grab headlines, Reliance's traditional oil-to-chemicals segment remains a key profit engine. Investors will look for updates on refining margins, feedstock advantages and earnings recovery after a period of volatility driven by global energy market disruptions. Commentary on future profitability and growth prospects will be closely watched.RIL 2026 AGM Meet Live Updates: After Jio, investors await roadmap for Reliance Retail IPOApart from Jio, markets are eager for clues on the listing of Reliance Retail, one of the country's largest retail businesses. Analysts expect the business to generate revenues of ₹3.71 lakh crore in FY26. With telecom and retail now accounting for a majority of Reliance's enterprise value, investors are seeking clarity on the timing and structure of any future public offering.RIL 2026 AGM Meet Live Updates: Green energy takes centre stage as Reliance gears up for commercial rolloutReliance is expected to provide updates on its green energy gigafactories, including solar modules, battery storage and green hydrogen. The company has already delivered its first batch of high-efficiency solar modules and is commissioning a 40 GWh battery facility that could eventually scale to 100 GWh. Investors will watch for timelines on commercial production and the monetisation strategy for these new businesses.RIL 2026 AGM Meet Live Updates: A $110 billion AI bet? Ambani may unveil Reliance's biggest future growth engineArtificial intelligence is expected to dominate this year's AGM. Analysts at Morgan Stanley estimate Reliance could invest around $110 billion in AI infrastructure and data centres over the next seven years, matching the scale of its previous consumer business expansion. Investors will look for updates on AI monetisation, standalone data centres and the group's partnership with Meta at the Jamnagar data centre campus, which is emerging as a cornerstone of Reliance's digital ambitions.RIL 2026 AGM Meet Live Updates: Jio IPO in focus as Reliance eyes India's biggest-ever listingThe biggest announcement investors are waiting for is the timeline for Reliance Jio's IPO. Reports suggest Reliance may file papers for a nearly $4 billion offering, which would surpass Hyundai Motor India's $3.3 billion issue to become the country's largest IPO. Despite a delay from Ambani's earlier target, Jio remains Reliance's most valuable consumer asset with 524 million subscribers and steadily rising average revenue per user. Markets will closely watch for any definitive timeline on the listing.RIL 2026 AGM Meet Live Updates: All eyes on Mukesh Ambani amid Jio IPO buzz, AI push, retail listing and green energy plansReliance head Mukesh Ambani is set to address shareholders at Reliance Industries' 49th annual general meeting (AGM) today at 2PM, with investors expecting key announcements on value creation, business expansion and capital allocation as the conglomerate seeks to revive market momentum after recent stock underperformance.