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“Today, it is my proud privilege to announce that Jio is making all arrangements to file for its IPO,” Ambani said at the 48th Annual General Meeting of Reliance Industries Ltd.
"We are aiming to list Jio by the first half of 2026, subject to all necessary approvals. I assure you that this will demonstrate that Jio is capable of creating the same quantum of value as our global counterparts. I am sure that it will be a very attractive opportunity for all investors," he said.
In his address, Ambani announced that Jio, which has entered its 10th year, has crossed 500 million customers.
“ With Reliance’s reach and scale, we can bring this to every corner of India,
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“ It is my great pleasure and privilege to announce the formation of a new wholly-owned subsidiary of Reliance called Reliance Intelligence. This new company is conceived with four clear missions.…
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