Topic
agm
Business N Chandrasekaran resigns as chairman of Tata Sons before AGM
N Chandrasekaran has resigned as chairman of Tata Sons ahead of the Aug 18 AGM, ending a tenure that saw revenue grow from Rs 7.89 lakh crore to Rs 16.24 lakh crore. He will remain in the role until his term ends in February 2027. The departure follows disagreements within Tata Trusts over the performance of new businesses.
Business Adani Group AGM: Gautam Adani Unveils 10 GW Nuclear Plan, Record Infrastructure Spend
At the Adani Group AGM, chairman Gautam Adani announced plans to develop 10 GW of nuclear power capacity by 2035 via Adani Atomic Energy. He highlighted a record Rs 1.5 lakh crore infrastructure spend in FY26 and expansion across power, transmission, and low-carbon energy. The group aims to increase power generation capacity to 45 GW in five years.
Business RIL AGM: Jio Platforms Files for $4B IPO, AI and Satellite Broadband Take Centre Stage
Reliance Industries Chairman Mukesh Ambani unveiled strategic plans at the 49th AGM, including Jio Platforms' draft IPO for up to ₹37,700 crore ($4B), making it India's largest public issue. The company is advancing artificial intelligence, satellite broadband, and renewable energy initiatives while transitioning operational leadership to his children.
Business Reliance AGM 2026: Isha Ambani Sets Rs 1 Lakh Crore FMCG Revenue Target Amid Jio IPO Filing
At its 2026 Annual General Meeting, Reliance Industries unveiled ambitious FMCG growth targets and a key milestone for Jio Platforms' IPO. Executive Director Isha Ambani said Reliance Consumer Products aims for Rs 1 lakh crore revenue by FY30, while Chairman Mukesh Ambani announced the approval of Jio Platforms' draft red herring prospectus. The group also reported strong retail performance, including Smart Bazaar crossing 1,000 stores and rapid quick commerce expansion.