Jio To File IPO Papers Before Reliance AGM On Friday: Report (opens in new tab)

Reliance Jio Infocomm, the telecom arm of Reliance Industries Ltd (RIL), is expected to file its draft red herring prospectus (DRHP) for a $4 Bn IPO within this week. Citing sources, Financial Times reported that the draft papers are likely to be filed ahead of RIL chairman and MD Mukesh Ambani’s speech during the company’s annual general meeting on Friday (June 19). Inc42 has reached out to RIL for comments. The story will be updated on receiving a response. Announcing the IPO plans for Jio ...