Reliance Retail to channel ₹13 trillion to Jio for recharges, vouchers through FY32
RIL's 49th AGM notice seeks shareholder nod for ₹16.64 trillion in related-party transactions over FY28-FY32, with Reliance Retail routing over ₹13 trillion to Jio for telecom recharges, JioFibre and vouchers sold via its store and digital network. Run-rate scales from ₹2.2 trillion in FY28 to ₹2.8 trillion annually FY29-FY32.
RIL's 49th AGM notice seeks shareholder approval for ₹16.64 trillion in related-party transactions over FY28-FY32, with Reliance Retail paying Jio over ₹13 trillion for telecom recharges, JioFibre and vouchers sold via its retail network.