Jio Platforms files DRHP for IPO; 27 cr fresh shares as Reliance pivots to AI growth engine
Mukesh Ambani announced Jio Platforms' IPO at RIL AGM with DRHP filed same day, offering 27 crore fresh equity shares at Rs 10 face value. Reliance Intelligence positioned as next AI-led growth pillar serving 1.5 billion Indians, with partnerships across Google, Meta and NVIDIA underpinning the digital infrastructure thesis.
Reliance announced Jio Platforms IPO at AGM, with DRHP to be filed with SEBI same day, offering 27 crore fresh equity shares at Rs 10 face value; Ambani positioned Reliance Intelligence as next AI growth engine.