Jio Platforms board clears 27 Cr share IPO; DRHP filing slated for Friday at $57-65B valuation

Reliance's digital arm greenlights fresh issue of up to 27 crore equity shares ahead of SEBI filing. RIL holds 66.43%, Meta 9.99% post-$5.7B injection. Listing sets stage for Ambani succession and follow-on monetisation of retail and AI verticals backed by Rs 10 lakh crore commitment.

— Filed Fri, 19 Jun, 2026, 17:06 IST · Source YourStory · Capital · Updated

Jio Platforms board approved DRHP filing with SEBI for IPO of up to 27 crore fresh equity shares. Reliance parent-level capital event with implications for retail and digital arms; Ambani's children to lead next growth phase.

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