Reliance unveils Jio IPO, AI infra and FY26 record at 49th AGM
RIL posted FY26 revenue of ₹11.76 trillion (+9.8% YoY) on retail and telecom strength. Jio Platforms filed DRHP for a ~$4bn IPO (up to 270m fresh shares). Ambani flagged 120 MW sovereign AI infra in Jamnagar with Nvidia GPUs, LEO satellite plans and JioAirFiber scaling to 60,000 connections/day.
At RIL's 49th AGM, Ambani announced Jio Platforms IPO DRHP filing (~$4bn), record FY26 revenue of ₹11.76 trillion driven by retail and telecom, sovereign AI infrastructure in Jamnagar with Nvidia GPUs, LEO satellite plans, and 5G/AirFiber expansion.