Reliance Industries Limited (RIL) has announced its intention to seek shareholder approval for transactions amounting to ₹16.64 lakh crore involving its subsidiaries Jio Platforms and Reliance Jio Infocomm. These transactions are scheduled to take place over a five-year period, from fiscal year 2027-28 to 2031-32. The move underscores RIL's continued engagement with its digital and telecom businesses, which are key components of its diversified portfolio. Shareholder consent is a regulatory requirement for such significant transactions, ensuring transparency and governance in the company's operations. Transactions with Jio Platforms and Reliance Jio Infocomm to continue from FY 2027-28 to FY 2031-32. The update was published on 29 May 2026, 10:12 am.