Mumbai: The 43rd Annual General Meeting of Reliance Industries Limited (RIL), India’s largest company in terms of market capitalization will begin a short while from now. Amid COVID-19 pandemic, the AGM, for the first time, is being organized on the virtual platform. The Mukesh Ambani controlled Oil to Retail conglomerate has recently crossed the Rs.12 lakh crore market capitalization propelling Ambani to the world’s 6th richest man.
Chairman Mukesh Ambani is expected to make several big-ticket announcements today. The company has bagged several high profile investments of Rs 1.18 lakh crore in the last 3 months including technology giants like Facebook, Intel and Qualcomm. The company is also in advanced talks with Google for a big-ticket investment.