Reliance AGM: Will Aramco chairman join RIL board? Decision expected today
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India, June 24 -- Reliance Industries Limited (RIL) is going to hold its annual general meeting (AGM) on Thursday where some big announcements are expected to be made. One of the much-awaited decisions is he proposed stake sale in its oil-to-chemical (O2C) business to Saudi Aramco.
"RIL's Annual General Meeting (AGM) has historically been a keenly watched event (previously attended by 3,000 shareholders when held in physical format and last year saw 300,000 concurrent viewers of the virtual AGM across 42 countries and 468 cities) given that it has been one of the top 3 companies by market capitalisation in India, has a large free float and a large public shareholding (more than 3 million non institutional shareholders)," brokerage HSBC G...
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