48th Reliance AGM 2025 LIVE | Mukesh Ambani Addresses 44 Lk Reliance Industries Shareholders | N18L

CNBC-TV18
29 Aug 202524:15

Summary

TLDRThe 48th Annual General Meeting of Reliance Industries Limited highlighted the company's transformative journey and future vision. Chairman Mukesh Ambani addressed shareholders, emphasizing India's rise, technological convergence in AI, clean energy, and genomics, and Reliance's role in driving national prosperity. Key achievements included record revenues, substantial contributions to the national exchequer, social initiatives, and employment generation. The digital business, led by Jio, was showcased for its unprecedented growth, 500 million customers, and impact on India's digital transformation. Future ambitions focus on AI, digital services, global expansion, and continued innovation, reinforcing Reliance’s commitment to societal progress, customer trust, and economic leadership.

Takeaways

  • 🎉 Reliance Industries Limited held its 48th annual general meeting virtually on Ganesh Chaturthi, ensuring full participation of shareholders.
  • 👥 All directors, key managerial personnel, statutory and secretarial auditors were present at the meeting, fulfilling quorum requirements.
  • 📊 The company's financial performance in FY 2025 was record-breaking with consolidated revenue of ₹10.71 lakh crores, net profit of ₹81,39 crores, and exports contributing significantly to India’s economy.
  • 🌱 Reliance is focusing on clean energy, genomics, and AI as converging technological transformations to create abundance, affordability, and growth for India.
  • 💡 Reliance aims to become a deep-tech company, embedding AI across all businesses and investing in advanced manufacturing and innovation-led growth.
  • 📈 India is on the rise as a global economy, with potential for high GDP growth, increased per capita income, and the creation of an India-first development model using technology and sustainability.
  • 📱 Jio has transformed India’s digital landscape with free voice calls, mobile video consumption, digital payments, and nationwide 5G rollout, reaching over 500 million customers.
  • 🚀 Jio plans to file for an IPO by the first half of 2026 and aims to expand its services globally, empowering homes, businesses, and enterprises through AI and digital platforms.
  • 💖 Reliance emphasizes social impact with cumulative CSR spending over ₹5,000 crores in the last three years and is committed to employment generation and workforce growth to over 10 lakh people.
  • 🌏 The company promotes a philosophy of innovation with responsibility, aiming to harmonize technology, democracy, culture, and sustainability for India’s prosperity and global leadership.

Q & A

  • What is the purpose of the 48th Annual General Meeting (AGM) of Reliance Industries?

    -The AGM serves as a platform to discuss the company's performance, financial results, future growth strategies, and updates on key initiatives. It also allows shareholders to participate in the meeting virtually through video conferencing and live webcasts.

  • How does the meeting begin and what significance does Lord Ganesh have in this context?

    -The meeting begins with a warm welcome to the shareholders and a prayer to seek blessings from Bhagavan Ganesh, as the AGM coincides with the auspicious occasion of Ganesh Chaturthi. This marks the beginning of the meeting with positive energy and blessings for prosperity and security.

  • What three technological advancements are shaping the future of humanity according to the speech?

    -The speech highlights three key technological advancements that are shaping the future: clean energy breakthroughs, advancements in genomics, and the transformative power of artificial intelligence (AI). These innovations are expected to create a future defined by abundance and sustainability.

  • What is Reliance Industries' strategy in light of these technological transformations?

    -Reliance Industries is focusing on building advanced clean energy ecosystems, expanding into digital health, life sciences, and genomics, and developing AI as a new growth engine. The company aims to lead India's mission to ensure prosperity and affordability for every citizen.

  • What is the expected growth potential of the global GDP and its impact on global poverty, as discussed in the speech?

    -The global GDP, currently at $110 trillion, is expected to grow to $500 trillion in the next 25-30 years. This growth has the potential to end global poverty and ensure that every human being has access to basic needs, provided world leaders choose cooperation over conflict.

  • How does Reliance view India's role in the global economy and its future prospects?

    -Reliance believes that India is on an unstoppable rise, with the country already ranking among the top four global economies. The company envisions India's GDP growing at 10% annually, leading to a significant increase in per capita income and creating a more equal society, all while maintaining its unique model of development.

  • What is the significance of AI and deep tech in Reliance's future growth?

    -AI and deep tech are central to Reliance's future growth strategy. The company is embedding AI across its businesses and using it to drive innovation and hyper-growth. Reliance aims to position itself as a leader in AI, clean energy, and genomics to create a sustainable and prosperous future for India.

  • What financial achievements of Reliance were shared during the AGM?

    -Reliance achieved a record consolidated revenue of 10.71 lakh crores in the financial year 2025, becoming India's first company to cross $125 billion in annual revenues. The company also reported significant profits, contributions to India's national exchequer, and increased CSR spending.

  • What role does Jio play in India’s digital transformation?

    -Jio has played a pivotal role in transforming India's digital landscape by making voice calls free, enabling video streaming, facilitating digital payments, and laying the foundation for digital public infrastructure. It has also supported the growth of India's startup ecosystem and led the fastest nationwide 5G rollout.

  • What are Jio's plans for future growth and how will it impact India?

    -Jio's plans include expanding mobile and broadband connectivity across India, digitizing businesses, and ushering in an AI revolution. Jio aims to provide AI-powered services to every Indian and extend its technological solutions globally, enhancing digital access for all.

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الوسوم ذات الصلة
Reliance AGMCorporate LeadershipAI InnovationClean EnergyDigital IndiaFinancial PerformanceJio MilestonesIndian EconomyInvestor InsightsTechnological TransformationGlobal GrowthSocial Impact
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