Reliance heads into 49th AGM with Jio IPO, Meta AI JV, and EBITDA-doubling pledge in play
Ahead of today's AGM, recap of last year's commitments: Jio IPO targeted H1 2026, $100M Meta JV (70% Reliance), $4.5B Google tie-up, JioPC/JioFrames AI hardware, 1,650-satellite network, and a pledge to double EBITDA by 2027 across Jio and Reliance Retail.
Recap of Reliance's 48th AGM announcements ahead of the 49th AGM, covering Jio IPO timeline, AI products (JioPC, JioFrames), Reliance Intelligence JV with Meta and Google partnership, green energy megaproject, and pledge to double EBITDA by 2027.
Why this matters
Today's AGM follows last year's commitments on Jio's $4bn IPO, a $110bn AI bet, and retail reset, with Q4 retail revenue hitting ₹98,232 cr (+10.8% YoY) and a Rs 6/share FY26 dividend vote.
Retail-company signals steady at 3,152 over the last 90 days.