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.
What happened
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
Key facts
- 1% share gain
- ₹6 final dividend FY26
- 5 June record date
- ₹4,394 crore
- ₹37,500 crore
- ₹10 lakh crore AI investment
Why this matters
The NLC lignite JV signals Reliance's appetite for sovereign-aligned, capital-heavy partnerships, opening a template for retail-side strategic tie-ups framed around national infrastructure themes.