The 45th annual general meeting (AGM) of Reliance Industries (RIL) will be held virtually on August 29, the company has informed stock exchanges. While the AGM notice and the annual report for 2021-22 (FY22) have not been released yet, some experts believe that new energy and 5G will be in the spotlight at the meeting. At last year’s AGM, RIL had announced a Rs 75,000-crore investment over three years in green energy as part of its new energy push.
Deven Choksey, managing director at brokerage KRChoksey, says this investment could be enhanced in view of growing competition and the shift to sustainable sources underscored by the government.
