Jio Platforms Says IPO Priced Accessibly; Proceeds to Help Clear $3 Billion Net Debt
Isha Ambani said the upcoming public issue was priced accessibly to let investors benefit from Jio Platforms' future growth. The proceeds are intended to help clear $3 billion in net debt.
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04:17:50 AM UTC
SquawkNews
Our Bureau Mumbai: Jio Platforms has priced next week's public issue "accessibly" to create long-term shareholder value alongside the company's future growth, said Isha Ambani, director, Reliance Industries.The country's biggest company owns Jio Platforms, which is set for the largest public listin…