Reliance Industries shares rise 3% as Jio sets price band for possibly biggest-ever issue. What shareholders must know
Shares of Reliance Industries rose 3% after Jio Platforms announced its IPO, comprising 27 crore new shares anticipated to garner Rs 30,213 crore.
With 35% of shares earmarked for retail investors and a cut-off date of October 14 for current shareholders, Jio Platforms is primed to enhance its foothold in the consumer tech and digital infrastructure sectors.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to The Economic Times.