Mumbai, India – Reliance Industries Ltd (RIL) Chairman Mukesh Ambani officially announced the initial public offering (IPO) of Jio Platforms during the company's 49th annual general meeting (AGM) held on Friday, June 19, 2026. This long-awaited development marks a significant step for the digital services arm of Reliance.
Ambani confirmed during his address that the board of Jio Platforms had given its approval for the Draft Red Herring Prospectus (DRHP) earlier today. The company is expected to file the DRHP with the Securities and Exchange Board of India (SEBI) later on June 19, 2026, initiating the formal process for the public listing.
Jio Platforms, a subsidiary of Reliance Industries, encompasses a wide array of digital services, including telecommunications, broadband, and various digital applications. The IPO is anticipated to be a landmark event in the Indian capital markets, drawing considerable investor interest.