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Mukesh Ambani Sets Jio IPO Target for First Half of 2026 at Reliance AGM

The pledge sets a path for value unlocking, refocusing investors on retail listing plans alongside execution in AI and new energy.

Overview

  • Ambani said Jio is preparing to file its IPO papers with an intended listing by the first half of 2026, subject to regulatory approvals.
  • Investors continue to seek clarity on a separate timeline for a Reliance Retail listing.
  • Ambani outlined a shift to a deep‑tech operating model with AI-native initiatives across Reliance businesses.
  • Jio’s expansion strategy includes accelerating home broadband through AirFiber and fiber, with prior disclosures expressing confidence in reaching 100 million homes.
  • The update comes after a strong Q1 FY26, where profit was lifted by the Asian Paints stake sale, as leading brokerages reiterated positive outlooks tied to IPOs, AI, retail growth and O2C performance.