Reliance Company is a large business conglomerate in India, and the CMD of the company is Mr.Mukesh Ambani.
The company announces AGM on Friday, 29 August 2025, and it will be live-streamed on digital platforms.
According to Mukesh Ambani, CMD of the Reliance company, the Reliance Jio IPO is expected to be launched in the first half of 2026.
“I am sure that it will be a very attractive opportunity for all investors,” Mukesh Ambani says in the AGM.
The 48th AMG of the Reliance company was held on 29 Aug 2025, Friday. Jio is preparing to file for its IPO with SEBI. Jio will be listed on the stock market till the first half of 2026.
In the AGM, many things are told to shareholders. Key points are
Reliance Intelligence
Partnership Announces
New Revenue Record
Jio IPO
New Energy business
Coming devices
👉 The Reliance Intelligence ( AI )
Mukesh Ambani has announced a new company called Reliance Intelligence, which will focus on building advanced AI (artificial intelligence) systems in India.
This company will help make India a leader in AI technology. Ambani called AI the new growth engine for Reliance and compared it to Kamdhenu, a magical cow from Indian mythology that fulfills wishes, showing how powerful and useful AI can be.
Mukesh Ambani announced a significant AI partnership with Google, combining Reliance’s infrastructure strengths with Google Cloud’s AI technologies. Google CEO Sundar Pichai addressed the event to highlight the collaboration.
Reliance also launched a joint venture with Meta to deliver open-source, enterprise-ready AI solutions to Indian businesses. Meta CEO Mark Zuckerberg also spoke at the event. Ambani called the partnership with Meta a major breakthrough for empowering Indian enterprises through AI.
👉 New Revenue Record
In the financial year 2025, Reliance Industries earned a record income of ₹10.71 lakh crore ($125.3 billion), becoming the first Indian company to go beyond $125 billion in yearly revenue.
The company made a profit before expenses (EBITDA) of ₹1.83 lakh crore ($21.5 billion), and its net profit rose to ₹81,309 crore ($9.5 billion). Reliance also exported goods worth ₹2.83 lakh crore ($33.2 billion), which made up 7.6% of India’s total exports.
In the past three years, it invested a total of ₹5.6 lakh crore ($65.5 billion) to grow its businesses.
Mukesh Ambani announced that Reliance Jio now has over 500 million customers and is planning to launch its IPO (Initial Public Offering) in the first half of 2026.
He said it would be a great chance for investors.
If the company raises around ₹52,000 crore through the IPO, it could become the biggest IPO in India’s history.
👉 New Energy business
Mukesh Ambani said Reliance’s New Energy business will be a key part of the company’s growth and could become as big as its Oil-to-Chemicals business in 5 to 7 years. This will bring great benefits to both India and Reliance.
Key points include:
A new factory to produce green hydrogen will start by 2026.
Reliance is building a huge solar power project in Kutch, Gujarat, that could provide 10% of India’s electricity within 10 years.
The company will install solar panels and batteries very quickly at this site.
Through the “Urja Daatas” program, Reliance plans to set up many Compressed Biogas plants, growing from 55 to over 500 by 2030.
Reliance has created the world’s largest bioenergy research center in Jamnagar to support clean energy.
At the AGM, Reliance announced a new Jio personal computer that can turn any TV or screen into a full AI-ready computer.
By just connecting a keyboard to a Jio Set-Top Box, they can use their TV or monitor like a computer. All the processing is done through Jio’s cloud servers, making it easy and affordable for everyone to access powerful computing.
Conclusion
At the AGM, Ambani shared many important updates, including plans for AI, the upcoming Reliance Jio IPO, and new partnerships with Google and Meta. He also introduced several new devices and services, showing Reliance’s strong focus on technology and growth for the future.
Krishna is a passionate thinker, writer, and lifelong learner dedicated to exploring the intersections of technology, business, and innovation. With a background in management studies and years of experience analyzing emerging trends, Krishna delivers insights that bridge complex ideas with a practical, actionable understanding.
