RELIANCENSEReliance Industries Limited· RefineriesMediumNeutral
Announced Sat, 30 Aug · 12:35 IST

Gist of the proceedings of the Forty-eighth Annual General Meeting (Post-IPO) of the Company held on Friday, August 29, 2025, is attached.

Board & Shareholder Meetings View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Reliance Industries held its 48th Annual General Meeting on August 29, 2025, via video conferencing from 2:00 PM to 4:48 PM, chaired by Mukesh D. Ambani. Eight resolutions were put to vote, including adoption of audited standalone and consolidated financial statements for FY ended March 31, 2025, and declaration of a dividend of Rs. 5.50 per equity share (face value Rs. 10) for FY25. Re-appointment of directors Nikhil R. Meswani and Isha M. Ambani (both retiring by rotation) was also approved. Additionally, shareholders cleared the ratification of Cost Auditors' remuneration for FY26, appointment of a Secretarial Auditor, and approval of material related party transactions for the company and its subsidiaries. Remote e-voting ran from August 24-28, 2025, with Shri Sunil Khandelwal as Scrutiniser, and all eight resolutions passed with the requisite majority.

Likely market impact

Shareholders can expect the declared Rs. 5.50 per share dividend for FY25. The smooth passage of all routine resolutions, including related party transactions, signals stable governance with no surprises for retail investors.