Jio Platforms has received Sebi’s approval to proceed with an IPO potentially worth Rs 37,700 crore, which could become India’s largest public listing. The offering is expected to value the company at about USD 137 billion and primarily repay Reliance Jio borrowings
The decision was announced following a board meeting, and the appointment is set to take effect from May 1, 2025. Anant will serve in this role for five years.
Considering the ongoing pandemic situation, curtailed movements and lockdown, the new addition will help students attend classes and professionals working from home to seamlessly carry out their activities.