Reliance slows Jio IPO plans as market volatility hits India listing outlook
Reliance Industries Ltd has slowed preparations for the upcoming IPO of Jio Platforms Ltd, potentially the largest IPO by an Indian company, as it reviewing the deal’s structure in response to geopolitical tensions and market volatility, Bloomberg has reported.
The company still plans to file draft paperwork for the IPO and could pull the trigger at any time, though it has no firm date to do so, it added.
