Jio Platforms swaps CEO Kiran Thomas for Pankaj Pawar ahead of $4B IPO
Reliance's digital and consumer arm changed its top leadership just before a planned IPO seeking about USD 4 billion at a USD 137 billion valuation, per draft SEBI papers. The 27 crore new-share issue (2.9% post-issue equity) signals a major capital event underpinning group consumer strategy.
Jio Platforms replaced CEO Kiran Thomas with Pankaj Pawar ahead of its planned IPO seeking about USD 4 billion at a USD 137 billion valuation, per draft papers filed with SEBI. Reliance's digital arm underpins group consumer strategy.