Reliance Shares Rise as Jio IPO Filing Puts All-Fresh Issue Structure in Focus
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3 Articles
Reliance Industries shares rose sharply on Monday. Investors were buoyed by the filing of draft papers for India's biggest IPO by the company's digital business Jio Platforms. Along with this, the shares saw more buying as the company's Chairman Mukesh Ambani presented the development plans for the coming years at the 49th Annual General Meeting. During trading, Reliance Industries shares rose by about 3 percent to ₹1,345.45 on the Bombay Stock …
Reliance shares rise as Jio IPO filing puts all-fresh issue structure in focus
New Delhi: Reliance Industries’ plan to list Jio Platforms moved from AGM announcement to stock-market talking point on Monday, after the company’s Friday filing of draft IPO papers drew a positive reaction from investors. Jio Platforms filed its draft red herring prospectus with Sebi on Friday, June 19, the same day Reliance Industries Chairman Mukesh Ambani addressed shareholders at the company’s 49th annual general meeting. Monday’s peg is th…
Everything About Reliance 49th Annual General Meeting
Reliance Industries hosted its 49th Annual General Meeting today for the shareholders and the chairman of the company, Mukesh Ambani, shared that the Jio IPO DRHB will be filed with SEBI today and future strategy related to AI, and more. So let’s get into the article to check out the full details. Check out every [...]
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