Reliance 45th AGM: Reliance Retail Business Grew 2.3 Times Over Past Year

At the 45th Reliance Annual General Meeting, Reliance Retail business Head Isha Ambani, announces that the group's retail business grew 2.3 times over one year. The group is delivering in more than 260 towns, and doubled its warehousing and fulfillment space. RIL's grocery business has been the largest of its kind in India, with a network of above 2500 new stores opened this year. They have total 15,000 stores across the country.

RIL's share price stood at Rs. 2,590/ share, till 2.56 pm today.

Reliance Industries Ltd. (RIL) has evolved from a textiles and polyester company to an integrated player across energy, materials, retail, entertainment and digital services. Their expertise lies in developing products and markets from 'concept to fruition' and beyond. Their operations span from the exploration and production of oil and gas to the manufacture of petroleum products, polyester products, polyester intermediates, plastics, polymer intermediates, chemicals, synthetic textiles and fabrics. RIL, India's biggest Oil to Chemical (OTC) company has a market capitalization of around Rs. 1,777,437 crore.