Jio Platforms Swaps CEO to Pankaj Pawar Ahead of Rs 37,700-Crore IPO
Reliance's digital arm named Pankaj Pawar CEO, replacing Kiran Thomas, as it lines up a Rs 37,700-crore IPO at a ~$137 billion valuation—potentially India's largest listing. The offer covers 27 crore fresh shares (2.9% equity), a parent-level capital event with knock-on effects across Reliance's retail surface.
Jio Platforms named Pankaj Pawar CEO replacing Kiran Thomas ahead of a Rs 37,700-crore IPO at ~$137 billion valuation, potentially India's biggest listing. Reliance's digital arm is a key parent-level capital event affecting the conglomerate's retail surface.