Reliance ticks up 1% on NLC lignite JV; sets ₹6 dividend, reaffirms ₹10 lakh cr AI bet
RIL shares gained 1% after announcing a Gujarat lignite gasification JV with NLC India alongside a ₹6/share final FY26 dividend (record date 5 June). The conglomerate also reaffirmed a ₹10 lakh crore sovereign AI infrastructure plan, with parent-level capex flows likely to shape Reliance Retail's runway.
Reliance Industries shares rose 1% on a lignite gasification JV with NLC India in Gujarat. RIL set 5 June as dividend record date (₹6/share) and reaffirmed ₹10 lakh crore sovereign AI infrastructure investment, signalling parent-level capital flows shaping its retail arm.
Why this matters
Follows RIL's ₹10 lakh crore AI data centre pledge and a 90,000 group hiring drop in FY26, while Reliance Retail headcount grew 17% to 2.9 lakh, signalling capex realignment toward AI and energy.
Retail-company signals steady at 1,518 over the last 90 days.