Akash Ambani named Jio Platforms MD for 5-year term, signalling IPO runway at $200-240 Bn valuation
Reliance formalises Akash Ambani as Jio Platforms MD from April 2026 for five years, locking in leadership ahead of a $4 Bn IPO targeting $200-240 Bn valuation. Q4 FY26 net profit hit ₹7,935 Cr (+13% YoY) on revenue of ₹38,259 Cr (+12.6%), strengthening the listing pitch.
Jio Platforms appoints Akash Ambani as MD for five years from April 2026, ahead of a reworked IPO targeting $200-240 Bn valuation. Parent Reliance's retail and digital capital plans hinge on this listing.