Jio Platforms swaps CEO Kiran Thomas for Pankaj Pawar ahead of $4B IPO
Reliance's digital-services arm named Pankaj Pawar CEO, replacing Kiran Thomas, as it moves toward a USD 4 billion IPO valuing the unit at USD 137 billion per its draft SEBI papers. The listing would offer 27 crore new shares for a 2.9% post-issue stake.
Jio Platforms replaced CEO Kiran Thomas with Pankaj Pawar ahead of a planned USD 4 billion IPO valuing the Reliance digital-services arm at USD 137 billion, per its draft SEBI papers.