Reliance 49th AGM: Rs 6 dividend declared, all 7 resolutions passed

Board & Shareholder Meetings View source PDF

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AI summary

Reliance Industries held its 49th AGM on June 19, 2026 via video conferencing, chaired by Mukesh Ambani from 2:00 PM to 5:17 PM. All 7 resolutions passed with requisite majority: adoption of audited financials for FY ending March 31, 2026; Rs 6 dividend per equity share of face value Rs 10; re-appointment of Akash M. Ambani and Anant M. Ambani as directors retiring by rotation; ratification of Cost Auditors remuneration for FY27; and approval of material related party transactions of the company and its subsidiaries. Remote e-voting ran from June 14 to June 18, 2026.

Likely market impact

Shareholders get Rs 6 per share dividend for FY26. Ambani brothers re-appointed to the board. All resolutions cleared, reflecting smooth governance.