Reliance AGM on June 19 to set Jio IPO clock; $4B fresh issue reshapes group capital map

RIL's 49th AGM is expected to formalize a Jio Platforms IPO pivot from OFS to a fresh issue of up to $4 billion, with ~2.8% dilution and Rs 25,000 crore earmarked for debt repayment. A telecom-led liquidity event at the parent reshapes the funding surface for Reliance Retail's next expansion leg.

RIL's 49th AGM is expected to formalize a Jio Platforms IPO pivot from OFS to a fresh issue of up to $4 billion, with ~2.8% dilution and Rs 25,000 crore earmark

Business Today · Latest · 5/29/2026, 7:08:56 AM · Ask about this →

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