Reliance Retail to channel ₹13 lakh crore in Jio recharges, fibre sales over FY28-FY32

RIL is seeking AGM nod for ₹16.64 lakh crore in related-party transactions across FY2027-28 to FY2031-32. The bulk — ₹13 lakh crore — flows through Reliance Retail selling Jio recharges, JioFibre and telecom services via its store network, scaling from ₹2.2 lakh crore in FY28 to ₹2.8 lakh crore annually FY29-FY32.

— Filed Fri, 29 May, 2026, 10:12 IST · Source The Hindu BusinessLine · Updated

RIL seeks AGM approval for ₹16.64 lakh crore intra-group transactions over FY28-FY32, with Reliance Retail to channel ₹13 lakh crore in Jio recharges, Jio Fibre and telecom services sold via its retail network.