19
Jun
Reliance Industries has taken a major step toward listing its digital arm, as the Board of Jio Platforms has approved the Draft Red Herring Prospectus (DRHP) for its proposed initial public offering (IPO). The filing is scheduled to be submitted to the Securities and Exchange Board of India (SEBI) later today, Chairman and Managing Director Mukesh Ambani announced at the company’s 49th Annual General Meeting. Ambani said the IPO marks a significant milestone in Jio’s growth journey and will be led by the next generation of the Ambani family, with Akash Ambani, Isha Ambani, and Anant Ambani heading the listing…
