Mukesh Ambani seen to repeat Jio feat with potential disruptive green energy announcements at Reliance AGM
It will be an interesting Monday with the 45th annual general meeting of Reliance Industries NSE -0.25 % lined up, where experts believe among other major announcements chairman Mukesh Ambani will shed light on new energy. The oil-to-consumer conglomerate may offer a road map on listing or strategic sale of businesses including clean energy or even come up with some big-bang announcement on it, something that may just disrupt the sector.
Reliance’s AGMs have been momentous in recent years, be it the announcement of Reliance Jio that disrupted the telecom industry, the launch of the Jio Phone with refundable deposits, or last year’s unveiling of the 75,000 crore rupees investment plan over three years in green energy.
