Reliance AGM 2026: Jio IPO at $180B valuation, Retail quick-commerce push, ₹6 dividend cleared

Mukesh Ambani's 49th AGM address frames a $4B Jio IPO at ~$180B valuation, a future Reliance Retail listing, and an aggressive quick-commerce expansion. AI infrastructure pact with Meta and Google anchors a $110B build-out, while Jamnagar's 40 GWh gigafactory and 168 MW data centre signal vertical integration across retail, telecom, and energy.

— Filed Fri, 19 Jun, 2026, 10:06 IST · Source Business Today · Latest · Updated

Reliance's 49th AGM spotlights Jio IPO roadmap, Reliance Retail's quick-commerce push and future IPO, ₹6 dividend approval, AI infrastructure with Meta/Google, and Jamnagar green energy progress, with Isha Ambani detailing retail expansion.

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