Reliance Industries may offload 2.5% in Jio, net Rs 40,000 crore

Reliance Industries (RIL) is exploring the sale of an around 2.5% stake through the listing of its telecom and digital arm, Jio Platforms, in the first half of the calendar year, people familiar with the matter said.

Regulatory Hurdles and the 2.5% Stake Strategy

The timing and size of the offering, however, would hinge on regulatory clarity from the finance ministry on a proposal to relax the minimum public float norms for large companies.