RIL AGM | Reliance Jio to file IPO papers with Sebi today: Mukesh Ambani

Reliance Industries announced at its AGM that Reliance Jio will file IPO papers with Sebi today, marking a key milestone nearly six years after Jio Platforms raised over Rs 1.5 lakh crore from global investors. The proposed issue is expected to surpass NSE's Rs 30,000 crore and Hyundai Motor India's Rs 27,870 crore offerings to become India's largest-ever IPO. Reliance has shifted the structure from a predominantly offer-for-sale to a largely fresh issue, with proceeds flowing directly into the company.