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Reliance AGM 2023 Live Updates | Here Are Expectations From The Retail Business
Reliance Industries at its 2019 AGM had mentioned that it will list its telco and Retail business over the next five years.
Therefore, the street would be awaiting clarity on the potential IPO timelines for these businesses.
Additionally, the street would also seek more clarity on the recent investment from QIA.
BOFA Securities, however, says it does not expect any IPO timelines at the AGM. Brokerage firm CLSA, on the other hand, had in January 2023 said, both or either of the two arms could go public over the next 12-18 months.
Read more on the expectations here.
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