According to reports from Upstox Securities, Reliance Industries Limited's board of directors has recommended a dividend of ₹6 per equity share for the financial year ended March 31, 2026. The dividend is calculated on the face value of ₹10 each equity share and remains subject to shareholder approval at the upcoming Annual General Meeting. As per LiveMint, the company had recommended this dividend in April alongside its March quarter results, with the oil-to-telecom-to-retail conglomerate led by Mukesh Ambani maintaining its position as the country's most valuable company by market capitalisation.
As reported by Upstox Securities, the record date for dividend eligibility has been set for June 5, 2026. The Annual General Meeting is scheduled for June 19, 2026, where shareholders will vote on the proposed dividend distribution. The company has set Friday, June 12, 2026, as the cut-off date for determining eligibility of members to vote on resolutions mentioned in the AGM notice. According to the company's latest filing, the 49th Annual General Meeting will be held on Friday, June 19, 2026, at 2:00 P.M. (IST) through Video Conferencing and Other Audio Visual Means. The dividend payment will be made to shareholders whose names appear in the company's records as of the specified record date, with the company stating that the dividend will be paid within 7 days of the meeting's conclusion if approved by shareholders.
According to the company's latest filing, the 49th Annual General Meeting will be held on Friday, June 19, 2026, at 2:00 P.M. (IST) through Video Conferencing and Other Audio Visual Means. The virtual format will allow shareholders to participate remotely and vote on key resolutions, including the approval of the dividend and other business matters related to FY26. As per LiveMint, the company stated that the AGM will be held in accordance with the applicable circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India. The virtual format ensures broader shareholder participation despite geopolitical disruptions, volatile energy prices, and shifting global trade patterns, with the company's diversified business portfolio and strong domestic focus supporting its resilience.
For the quarter ended March 2026, Reliance Industries reported robust financial results with consolidated revenue from operations increasing 12.9% YoY to ₹2,98,621 crore, compared to ₹2,64,573 crore in the corresponding quarter of FY25. The company's gross revenue rose 13% YoY to ₹3,25,290 crore, while profit after tax (PAT) declined 8.1% YoY to ₹20,616 crore. EBITDA margins contracted by 200 basis points to 14.9%, with EBITDA falling marginally by 0.3% YoY to ₹48,588 crore. For the full financial year FY26, net profit increased 16% to ₹80,775 crore while revenue from operations rose 9.75% to ₹10.75 lakh crore. As per LiveMint, Chairman Mukesh Ambani noted that the company remained resilient despite geopolitical disruptions, volatile energy prices, and shifting global trade patterns, supported by its diversified business portfolio and strong domestic focus.
As reported by Upstox Securities, the record date of June 5, 2026 establishes the cut-off date for shareholder eligibility. Shareholders must be recorded in the company's books as of this date to be entitled to receive the proposed dividend payment. The AGM scheduled for June 19, 2026 will provide the formal approval mechanism for the dividend distribution, with the virtual format ensuring broader shareholder participation despite geopolitical disruptions and volatile market conditions. The company's resilience is attributed to its diversified business portfolio and strong domestic focus, positioning it well for continued growth in the current challenging market environment.
