Jio files DRHP with SEBI, company to use proceeds to pare debt
New Delhi [India], June 19, (ANI): The much awaited IPO process for Jio Platforms Ltd, the telecom arm of Reliance Industries, has officialy begun as the company filed the Draft Red Herring Prospectus (DRHP) with SEBI. The company stated that the proceeds from the IPO will be used to pare debt and rest of it will be used for general corporate purposes.
