InvestorQ : Can we expect some big announcements in the Reliance AGM?
Mary Joseph made post

Can we expect some big announcements in the Reliance AGM?

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Arusha Ray answered.
6 months ago
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You must have noticed that Mukesh Ambani has been talking about green as the future of oil. If you take that as the cue, the O2C deal could see some action in the Reliance AGM. At the AGM on 24 June there may be the proposed stake sale in its O2C business to Saudi Aramco. The stake sale talks with Aramco have revived although an announcement to this effect is expected with expectations of a board berth for Saudi Aramco in RIL board.

Another interesting thing to watch would be the launch of the Jio-Google phone which is also expected to be announced at the 44th AGM on 24 June. Google and Jio may also look at jointly creating and launching a new operating system or O/S dedicated purely to the Indian markets. We need to await details on these.

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