Descrip tion Reliance Retail Limited is a subsusidiary company of Reliance Industries Limited. In a regulatory filing, RIL -the country's most valueable company-said "the 43rd AGM will be held on Wednesday , July 15,2020 at 2 pm though video conferencing / other audio-visual means." Des AGM preview - what should one look out for after the big de-leveraging exercise: RIL is due to hold its AGM on 15 July this year. Unlike other companies, investors closely watch RIL's AGM, as the chairman lays out the company strategy, makes new announcements and gives key business updates at the AGM each year. Last year's AGM was about making the company net debt free, and we have seen —$20bn of stake sale/equity issuances since then. In our view, with Jio Platforms' (JPL) stake sale broadly done for the time being, the focus could shift to Reliance Retail and whether the company announces any new strategic partner for Reliance Retail. Given the annual report (Reliance Industr...
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