Reliance Industries AGM Highlights




  • Reliance to become debt free this year



  • RIL's free cash at Rs 42,393 crore



  • Proposed dividend payout of 80%, highest among Indian firms



  • Polyester capacity to be hiked to 3.6 million tonne



  • To set up 15 million tonne per annum gas cracker plant at Jamnagar



  • Exports now 57% of total turnover



  • RIL enterprise value at $75 billion



  • RIL is single largest investor in upstream space



  • KG-D6 has supplied 1.2 trillion cubic feet of gas since production began



  • Higher commodity, input prices remain a challenge



  • Reliance Retail soon to launch cash-&-carry format, plans aggressive investments in retail



  • Says Reliance Retail is largest food retailer in India



  • RIL to create end-to-end solutions in digital services, will create national broadband infra.





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