RIL AGM: 'Jio is not just working to make India 2G-mukt, but also 5G-yukt', says Mukesh Ambani
Shares of Reliance Industries fell more than 2% on Thursday after the announcements at the AGM. The stock closed at ₹2,153 per share, down 2.3% on the BSE
Reliance Industries' (RIL) Chairman Mukesh Ambani made major announcements at the company's 44th Annual General Meeting (AGM) today. The key announcements varied from naming Yasir Al-Rumayyan, chairman of Saudi Aramco and governor of the kingdom’s wealth fund Public Investment Fund, as a director on RIL's board, to unveiling the 'most affordable smartphone' JioPhone Next. Ambani also announced plans to disrupt the new energy business.