NEW DELHI: Mukesh Ambani, chairman and managing director at on Thursday convened the company’s 44th annual general meeting (AGM). Ambani, not only talked about the company’s performance over the pandemic year, but also talked about the new initiatives of the oil-to-telecom major going forward.
Just before Ambani started the AGM speech, shares of Reliance Industries were ruling at Rs 2,171.60, down 1.5 per cent — in an otherwise strong day for the domestic market — as investors awaited clarity on a host of subjects such as 5G rollout, affordable 5G enabled mobiles, unlocking of new age business, developments over O2C business and update on retail business.
Ambani did address some of the subjects in his speech.
Here are the key highlights from RIL’s 44th AGM:
- We are in the midst of a humanitaria crisis, a scale that’s unseen in centuries
- Shareholders have borne the brunt of this pandemic
- Our business performance and financial success, since the last AGM have exceeded our expectations despite the pandemic
- Our Reliance family has risen to the occasion with a sense of purpose and national duty.
- We care for our customers, our shareholders, and our partners and we care for the country and the community, our planet and the people. This is what the true Reliance Spirit was is and will always be.
