Reliance Industries dividend 2026: Rs 6/share approved

AGM outcome and why it matters

Reliance Industries Limited (RIL) approved a final dividend of Rs 6 per equity share for the financial year ended March 31, 2026 at its Forty-ninth Annual General Meeting (Post-IPO). The meeting was conducted through Video Conferencing (VC) and Other Audio-Visual Means (OAVM). Shareholders passed all resolutions listed in the AGM notice with the requisite majority. Beyond the dividend, the AGM cleared the adoption of audited financial statements and several governance-related items. For investors, the decision confirms the cash payout recommended earlier by the board and sets the process for payment timelines.

Dividend declared: rate, face value, and eligibility

The dividend approved is Rs 6 per fully paid-up equity share. The face value of each equity share is Rs 10. In the AGM notice, the resolution wording states that the dividend is declared as recommended by the Board of Directors for the financial year ended March 31, 2026, and will be paid out of the profits of the company. The company had previously communicated that the dividend would be paid through electronic mode and within seven days of the AGM, subject to shareholder approval.

Total dividend amount disclosed for FY26

Along with its FY26 results, Reliance had disclosed that the final dividend of Rs 6 per share for FY26 amounted to Rs 8,119.48 crore in aggregate. This figure provides a clearer sense of the cash outflow associated with the payout. The AGM approval effectively completes the shareholder authorisation for the distribution, aligning the declared amount with the earlier recommendation.

Key dates and timelines investors tracked

Reliance fixed June 5, 2026 as the record date to determine eligible shareholders for receiving the FY26 dividend. The company also set June 12, 2026 as the cut-off date for e-voting eligibility on the AGM resolutions. The 49th AGM (Post-IPO) was scheduled for Friday, June 19, 2026 at 2:00 PM IST and was held via VC/OAVM.

Resolutions passed: ordinary and special business

Shareholders approved seven resolutions classified as ordinary business and special business. Ordinary business included considering the audited financial statements for the year ended March 31, 2026 and declaring the dividend. Special business covered the ratification of remuneration for Cost Auditors for the financial year ending March 31, 2027 and the approval of material related party transactions for the company and its subsidiaries. The company stated that all resolutions were passed with the requisite majority.

Director appointments approved at the meeting

The AGM approved the appointment of Shri Akash M. Ambani (DIN: 06984194) and Shri Anant M. Ambani (DIN: 07945702) as Directors, retiring by rotation. These appointments were part of the resolutions placed before shareholders. The approvals sit alongside the adoption of audited financial statements and other statutory agenda items typically taken up at annual meetings.

Cost auditor remuneration and related-party approvals

Among the special business items, shareholders ratified the remuneration of Cost Auditors for the financial year ending March 31, 2027. The AGM also approved material related party transactions for Reliance Industries and its subsidiaries. These resolutions are significant from a compliance standpoint because they relate to ongoing audit processes and transaction governance, both of which require clear shareholder authorisation under the applicable frameworks.

Market and stock-price context around the AGM

Ahead of the AGM, Reliance Industries’ stock price gained by nearly 1% and hit an intraday high of Rs 1,338.40 per share, as reported in market updates. The dividend had been in focus because the board had recommended it earlier while announcing results, and the AGM vote was the final step needed for shareholder approval.

FY26 results context cited alongside the dividend

Reliance’s dividend recommendation was discussed in the same period as its FY26 reporting. The company reported an 8.1% fall in net profit to Rs 20,616 crore for the March quarter. In that backdrop, the confirmation of a Rs 6 per share dividend provided a clear, quantified shareholder return item, separate from short-term profit movement.

Dividend history mentioned: FY24 to FY26 and the 2024 bonus issue

The information shared around the AGM also referenced Reliance’s dividend track record over the past two years. Investors received a dividend of Rs 5.50 per share for FY25 in August 2025. Reliance had paid up to Rs 10 per share as dividend for FY24 in August 2024. In 2024, the company also issued a 1:1 bonus, meaning eligible shareholders received one free share for every one equity share held.

What comes next

With the dividend approved at the 49th AGM, the key operational next step is the payment process aligned with the company’s stated timeline of within seven days of the AGM, based on eligibility determined by the June 5, 2026 record date. The AGM also completes shareholder approvals for audited accounts, director appointments, cost auditor remuneration for FY ending March 31, 2027, and material related party transactions. Any further updates would typically be communicated through exchange filings as the company executes the dividend payment and implements the approved resolutions.