00:00The world's largest business, Mukesh Ambani's most valuable company, Reliance Industries,
00:08is going to be an AGM today.
00:10Mukesh Ambani can give a big gift to Reliance's 35 lakh shareholders in the AGM.
00:15But even before the AGM, Mukesh Ambani has distributed Rs 351 crore.
00:20Mukesh Ambani's Reliance Retail has given Rs 351 crore to 15-year-old officials in the
00:27ESOPs i.e. Employee Stock Options Plans.
00:30Information about this has been given in the documents entered by the Registrar of Companies.
00:35Let's know some more details in the video.
00:37Mukesh Ambani's Retail company, Reliance Retail, has given this wonderful gift amidst the chaos of IPOs.
00:43Reliance Retail gave the information about the shares given to the top employees under ESOPs to the company's Registrar in a filing.
00:51The company said that Rs 10 face value shares have been distributed at a rate of Rs 796.5 per share.
00:58The company has given a total of 4.417 million shares to the employees who benefit from it.
01:04The company said that whenever its IPO comes, the board will take important steps to get the shares distributed under ESOPs listed.
01:12Reliance Retail's IPO and share market listing in the market has increased.
01:18In some reports, it is being said that the IPO of Reliance Retail can be revealed in the upcoming AGM of Reliance Industries.
01:26According to some reports, the IPO of Reliance Retail is likely to launch in the next two years.
01:31The employees of Reliance Retail distributed under ESOPs have been given some shares.
01:36Among them, Director V Subramaniam, Grocery Retail Chief Employee Damodar Maul,
01:42Fashion and Lifestyle Business Chief Employee Akhilesh Prasad,
01:45Electronics Retail Chief Business Officer Kaushal Nevrekar,
01:49Group Chief Business Operations Ashwin Khasgiwala and AGO Chief Employee Vineet Nayar are included.
01:55Apart from them, Reliance Retail has allocated shares to Grocery Retail and Jio Mart Chief Executive Officer Kamdevi Mohanty,
02:01Rannanitiya Pariyojana Chief Executive Officer Prateek Mathur,
02:04Reliance Trends Chief Executive Officer Vipin Tyagi and
02:08FMCG Business Chief Executive Officer Ketan Modi under ESOPs.
02:14Now let's know about the profit of Reliance Retail.
02:17Reliance Retail's face value of Rs 796.50 per share is 7,865% premium compared to the face value of ESOP allocation share.
02:27Reliance Retail is the largest retail company in the country.
02:30The company's revenue in the last financial year was Rs 2,58,388 crores with an increase of more than 15%
02:38while the net profit increased by 26% to Rs 8,875 crores.
02:43RIL's holding company, Reliance Retail Ventures,
02:48in the financial year 2024,
02:49had invested Rs 4,330 crores in equity and Rs 14,849 crores in debt.
02:57We will keep you updated on what is going to happen in AGM through Good Returns.
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