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Reliance AGM 2021: All you need to know

The first India company to hit the 200 billion mark with their market capitalization and also the largest Indian company concluded their 44th annual general meeting…

CapitalVia Research Desk · 1 min read

Published 2021. CapitalVia was a SEBI-registered investment adviser at the time of writing. The company no longer provides advisory services and is not registered with SEBI — it now offers stock-market education only. The article is kept for its educational content.

The first India company to hit the 200 billion mark with their market capitalization and also the largest Indian company concluded their 44th annual general meeting on 24th June 2021.

The shareholders were addressed by the Chairman and Managing Director, Mr. Mukesh Ambani virtually and a number of announcements were made. Some of the key announcements made in the AGM include:

Reliance plans to produce 100 GW solar energy.

Reliance has started developing the Dhirubhai Ambani Green Energy Giga Complex on 5,000 acre in Jamnagar.

4 Giga Factories for next green plan.

RIL to invest over Rs 60,000 crore in new energy business.

RIL plans to invest Rs 15,000 cr in value chain partnership & future technologies.

Google and RIL have developed JioPhone Next.

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DPIIT WPI & MoSPI CPI · September 2026Wholesale prices rose 11.4%. Shop prices rose 5.5%.Wholesale prices are rising 2.1x as fast as retail prices: WPI 11.39% vs CPI 5.54% in September 2026. The lines crossed in March.RBI household inflation survey · September 2026Official urban inflation is 4.9%. Urban India feels 8.4%.Households in 19 cities say inflation feels like 8.4%, 1.7× the official urban rate of 4.88%, and expect 10.0% a year from now.MoSPI CPI · rural vs urban · September 2026In January, villages and cities had the same inflation. Now villages pay 1.2 points more.Rural prices are rising at 6.08% a year against 4.88% in cities, and the gap has widened every month since January.

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