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Jio IPO: Akash Ambani says Rs 30,213 crore issue will push company towards net debt-free status

Jio Platforms plans to use IPO proceeds of up to Rs 27,500 crore to repay borrowings and move towards net debt-free status. Akash Ambani also highlighted opportunities in India's projected $1.4 trillion digital economy by FY31.

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Economic TimesLean R·1h ago
Jio IPO: Akash Ambani says Rs 30,213 crore issue will push company towards net debt-free status
Jio Platforms plans to use IPO proceeds of up to Rs 27,500 crore to repay borrowings and move towards net debt-free status. Akash Ambani also highlighted opportunities in India's projected $1.4 trillion digital economy by FY31.
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Jio IPO: Akash Ambani says Rs 30,213 crore issue will push company towards net debt-free status

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Jio IPO: Akash Ambani says Rs 30,213 crore issue will push company towards net debt-free status

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