Reliance (RELIANCE) — Board Meeting

1 Board Meeting 🟡 Notable ✨ Positive 📄 PDF

Reliance Industries Limited (RIL) has approved creating a wholly owned subsidiary named 'Reliance Intelligence Limited' and entering a joint venture with Meta Platforms. The new subsidiary will focus on artificial intelligence ventures, with RIL and Meta establishing a ₹855 crore (~US$ 100 million) joint company where RIL will hold 70% stake.

2 Board Meeting 🟡 Notable ✨ Positive 📄 PDF

Reliance Industries showcased robust performance across digital, retail, and energy sectors, reporting ₹1,071 billion in annual revenue and strategic expansions in AI, digital services, and clean energy. The company outlined ambitious plans for Jio Digital with 500 million customers and significant investments in renewable infrastructure, targeting 10 GW solar capacity and green hydrogen production.

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About Reliance Industries Limited (RELIANCE)

Oil Gas & Consumable Fuels · Petroleum Products · Listed on NSE

Market Cap: ₹18,08,488.47 Cr P/E: 21.7 ROE: 9.9% ROCE: 11.2%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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