The 48th Annual General Meeting (AGM) of Reliance Industries Ltd (RIL), led by Mukesh Ambani, brought several big announcements in 2025. From the much-awaited Reliance Jio IPO timeline to the launch of a new AI-focused subsidiary Reliance Intelligence, and record-breaking revenue figures, the AGM has set the stage for RIL’s next growth phase.
Mukesh Ambani confirmed that Reliance Jio will file IPO papers by 2026, with the public issue likely to hit the markets in 2027. Meanwhile, Reliance has become the first Indian company to cross $125 billion in annual revenue.
📊 Key Highlights from Reliance AGM 2025
| Announcement | Details |
|---|---|
| Jio IPO Timeline | IPO filing in 2026; issue expected in 2027 |
| Subscriber Milestone | Jio surpasses 500 million (50 crore) users |
| 5G Users | Over 220 million subscribers on Jio True 5G |
| International Expansion | Jio to enter global telecom markets soon |
| Revenue Achievement | $125 billion annual revenue (₹10.4 lakh crore) |
| Exports | ₹2,83,719 crore – 7.6% of India’s total exports |
| Taxes Paid | ₹2,10,269 crore ($24.6 billion) in FY 2025 |
| New Subsidiary | Reliance Intelligence – AI-focused company in partnership with Google & Meta |
📌 Jio IPO Timeline – What Mukesh Ambani Said
Mukesh Ambani announced that Reliance Jio will not be listed in 2025 as earlier speculated. Instead:
- Jio IPO papers will be filed in 2026.
- The IPO is likely to launch in 2027.
- The delay is attributed to market conditions and the need to strengthen Jio’s digital ecosystem and 5G rollout.
📌 Why it matters: Investors will need to wait, but a massive IPO is still on track, expected to be among the largest in India’s history.
📶 Jio Surpasses 500 Million Subscribers
Mukesh Ambani proudly announced that Jio crossed the 50 crore subscriber mark, making it one of the largest telecom operators globally.
Achievements:
- Free voice calls revolution.
- Affordable data access that transformed India into the world’s #1 mobile data consumer.
- Boosting India’s digital ecosystem with Aadhaar, UPI, Jan Dhan, and startups.
🚀 Jio True 5G Growth – 220 Million Users
- Akash Ambani, Chairman of Reliance Jio, revealed that Jio True 5G now has 220+ million active users.
- India witnessed the fastest 5G rollout globally.
- Jio plans to expand its 5G and digital connectivity services internationally.
Quote: “Jio True 5G has redefined speed, reliability, and connectivity. Every Indian has made Jio a part of their life.” – Mukesh Ambani
💰 Reliance Industries – Record Performance in FY 2025
- First Indian company to achieve $125 billion annual revenue.
- Exports worth ₹2,83,719 crore – 7.6% of India’s total merchandise exports.
- India’s largest taxpayer, with ₹2,10,269 crore paid in FY 2025.
- Contribution to national treasury in last 6 years: ₹10 lakh crore+.
🤖 Reliance Intelligence – New AI Subsidiary
Mukesh Ambani announced the launch of Reliance Intelligence, a new AI subsidiary.
- Focus on artificial intelligence, cloud computing, and digital transformation.
- Strategic partnership with Google and Meta to build advanced AI solutions.
- Goal: To establish India as a global AI powerhouse.
📌 Conclusion
The Reliance AGM 2025 marks a historic milestone for the company and investors. While the Jio IPO is delayed until 2027, Reliance’s achievements in revenue, exports, and 5G leadership highlight its unmatched growth trajectory.
With the launch of Reliance Intelligence, Mukesh Ambani is preparing to lead India into the AI-driven future. For investors, Reliance remains a long-term wealth creator and a key player shaping India’s digital transformation.
