India's most valuable company Reliance Industries (RIL) is all set to hold its 49th Annual General Meeting (AGM) today, with investors closely tracking how the heavyweight shares of the company react to the key announcements by the company’s management.
The Mukesh Ambani-led company has scheduled its 49th AGM today at 2 pm via video conferencing and other audio-visual means. Investors eagerly await updates on the much-awaited Jio Platforms IPO, retail expansion strategy and progress in its new energy business.
Data shows that Reliance Industries shares have fallen on the day of the AGM in four out of the last five sessions.
How Reliance Industries shares reacted to AGM in past 5 years
Last year, Reliance Industries held its 48th AGM on August 28, 2025. Chairman Mukesh Ambani announced the IPO of Jio, calling it a 'very attractive opportunity for all investors'. On that day, the company's shares dropped more than 2% and recorded marginal losses in the following session. In the one week that came after the AGM, the shares of the company overall gained nearly 1.3%.
On the day of its 47th AGM (August 29, 2024), the shares gained over 1.5% but fell around 0.7% in the following session even after the company hinted at a 1:1 bonus issue, which was later executed for its shareholders. RIL shares overall ended the next one week nearly 2% lower. Prior to that the stock fell over 1% on the day of its 46th AGM (August 28, 2023) and the week that came next.
RIL shares also fell nearly 1% on August 29, 2022 when the company held its 45th AGM. However, the stock jumped over 1.6% in the next session but recorded marginal losses overall for the following week.
On the day of its 44th AGM (June 2021), RIL shares dropped more than 2%, followed by another 2% decline in the following session. The stock overall dropped nearly 3% in the week that followed the AGM.
