Market News

3 min read | Updated on May 28, 2026, 20:37 IST
SUMMARY
RIL's board of directors had recommended a dividend of ₹6 per equity share, with the face value of ₹10 each, for the financial year ended March 31, 2026, subject to shareholder approval at the ensuing AGM.
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Reliance Industries set Friday, June 12, 2026, as the cut-off date for determining the members eligible to vote on the resolutions set out in the notice of the AGM. | Image: Shutterstock
Besides, it also unveiled the schedule of its 49th annual general meeting (AGM) (post-IPO).
In a regulatory filing, the company said it has set Friday, June 5, 2026, as the record date to determine the members eligible to receive the dividend for the 2025-26 financial year (FY26).
On April 24, along with reporting its results, Reliance’s board of directors had also recommended a dividend of ₹6 per equity share, with the face value of ₹10 each, for the financial year ended March 31, 2026, subject to shareholder approval at the ensuing annual general meeting (AGM).
The dividend, if declared at the AGM, will be paid within seven days of the AGM.
Alongside fixing the dividend record date, the conglomerate also stated it will hold its 49th AGM on Friday, June 19, 2026.
“The forty-ninth Annual General Meeting (Post-lPO) (“AGM”) of the members of the Company wilI be held on Friday, June 19, 2026 at 2:00 P.M. (IST) through Video Conferencing (“VC”) / Other Audio Visual Means (“OAVM”), in accordance with the applicable circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India,” the filing read.
Furthermore, it set Friday, June 12, 2026, as the cut-off date for determining the members eligible to vote on the resolutions set out in the notice of the AGM, RIL added.
Reliance had reported a net profit of ₹16,971 crore in the January-March quarter, marking a decline of 12.55% year-on-year (YoY) from ₹19,407 crore in the same period last year as operating profit for its oil-to-chemicals (O2C) business declined due to a sharp rise in crude prices amid ongoing tensions in West Asia.
Reliance Industries’ revenue from operations, however, jumped 13% to ₹2.98 lakh crore from ₹2.65 lakh crore in the year-ago period.
The company reported operating profit or earnings before interest, taxes, depreciation, and amortization (EBITDA) of ₹44,141 crore in the March quarter, up 10%. However, its margin shrank by 180 basis points to 14.78%, compared with 16.57%.
Shares of RIL ended 0.43% lower at ₹1,350.50 per unit on the National Stock Exchange (NSE) on Wednesday, May 27. However, the announcement was made after the market closed.
The scrip has lost 0.6% in the past week and 1% over the month. On a year-to-date basis, it has fallen 14%.
While the stock hit a 52-week high of ₹1,611.80 per equity share on January 5, 2026, it touched a year’s low of ₹1,611.80 apiece on April 6, 2026.
Reliance Industries has a total market capitalisation of ₹18.3 lakh crore as of May 27, 2026, according to data on the NSE.
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