Reliance Industries Chairman Mukesh Ambani announced on Friday that the company’s board has approved the much-awaited draft red herring prospectus (DRHP) of Jio Platforms IPO, and his children Akash Ambani, Anant Ambani and Isha Ambani Piramal will lead the IPO process.
The industrialist said the company will file its DRHP with SEBI later today. This comes after he announced Jio’s IPO plans at the company's previous AGM last year.