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(1/n) Dekhe ek aur sapna?
The day has finally arrived! It's time for the Reliance AGM!
In this thread we'll capture live updates from the 43rd Reliance Industries AGM. Stay tuned.
#RelianceAGM2020 #Reliance #RelianceJio #RelianceIndustries
The day has finally arrived! It's time for the Reliance AGM!
In this thread we'll capture live updates from the 43rd Reliance Industries AGM. Stay tuned.
#RelianceAGM2020 #Reliance #RelianceJio #RelianceIndustries
(2/n) It is 2PM and time to start the meeting! Tag your friends you would like live updates!
#RelianceAGM
#RelianceAGM
(3/n) Consumer businesses now contribute ~35% of consolidated EBITDA.
(4/n)
53,124cr Rights Issue - World's largest rights' issue by a non-financial institution
Net-debt free status achieved over the last year!
53,124cr Rights Issue - World's largest rights' issue by a non-financial institution
Net-debt free status achieved over the last year!
(5/n) Phenomenal Capital Raise
Facebook, Google, BP, Intel, Qualcomm, Silverlake, Vista, General Atlantic, KKR, TPG, Catterton!
Facebook, Google, BP, Intel, Qualcomm, Silverlake, Vista, General Atlantic, KKR, TPG, Catterton!
(6/n) Jio now the #2 player Globally!
(7/n) This is huge news! Google to invest 33737cr for a 7.7% stake in Jio Platforms! #RelianceAGM #RelianceJio
(8/n) Reliance Jio has created a complete 5G solution from scratch! 100% homegrown solution. #5G #RelianceAGM #RelianceJio
(9/n) Jio TV has come up with some phenomenal features including single sign up and seamless access across OTTs and voice search!
#RelianceAGM #JioTV
#RelianceAGM #JioTV
(10/n) Streamlining of the Kirana transformation process within 48 hours! Critical to standardized scaling up, and an important competitive advantage! #JioMart #RelianceAGM
(12/n) Reliance Retail 8x revenue, 11x profit growth in the last 5 years. The fastest-growing retail chain in the world!
162936cr Revenue, 9654cr EBITDA
#RelianceRetail #RelianceAGM #RelianceAGM2020
162936cr Revenue, 9654cr EBITDA
#RelianceRetail #RelianceAGM #RelianceAGM2020
(13/n) This is HUGE news!
Intent to spin-off Oil to Chem business into a separate business! #OTCSpinOff #RelianceAGM #RelianceAGM2020
Intent to spin-off Oil to Chem business into a separate business! #OTCSpinOff #RelianceAGM #RelianceAGM2020
(14/n) Deal with Aramco hasn’t progressed due to unforeseen circumstances & COVID crisis
The market seemed to expect a positive here. Freefall. #RelianceAGM #RelianceAGM2020
The market seemed to expect a positive here. Freefall. #RelianceAGM #RelianceAGM2020
(15/n) Arise, Awake, and Stop not till the goal is reached.
Concluding the #RelianceAGM on an optimistic note.
Concluding the #RelianceAGM on an optimistic note.
That's it from our end folks. Do follow us on twitter for more such interesting threads! #GSNInvest
