Reliance AGM may see more focus on green energy, consumer business

Experts expect the firm to make further announcements in green energy

The 45th annual general meeting (AGM) of Reliance Industries (RIL) may be held in the next few weeks with some experts believing the company may revive plans of an oil-to-chemicals (O2C) demerger, which was shelved last year.

The company may also spell out its future plans for the retail and telecom businesses that operate as separate units, namely, Jio Platforms and Reliance Retail Ventures, respectively. It could also make further announcements in green energy, sector, experts said.

“RIL had decided against proceeding with the demerger of its oil-to-chemicals business last year. But the company could revive the plan this year,