Reliance Industries’ 49th Annual General Meeting has begun. Chairman Mukesh Ambani highlighted that “Jio Platforms has approved its DRHP, and it will be filed with SEBI today.”

This is a deeply emotional moment for me, for the entire Reliance Family, and millions of its shareholders. The relationship Reliance shares with its shareholders is a deep and sacred relationship founded on pride, trust, respect, and shared growth,” Mukesh Ambani said in his AGM address.

Speaking on Reliance Industries’ capex for FY26, Mukesh Ambani highlighted that it was at Rs 1,44,271 crore. The cumulative capex stood at Rs 6,48,428 crore for 5 years.

Reliance Industries’ leadership team said that its energy business is maintaining the growth trajectory. Chairman Mukesh Ambani said that the Oil to Chemicals business’s earnings will improve as soon as geopolitical tensions ease.

On the renewable energy side, the leadership team said that the first phase of the cell gigafactory is on track to be commissioned in 2026. The team added that the New Energy division will begin contributing financially from 2027.