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3d ago

Reliance Sets Jio IPO Timeline for First Half of 2026 at AGM

The move signals a turn toward AI-led growth and new consumer devices.

RIL AGM
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RIL AGM 2025 today: Stock investors to track 5 things at 2 PM
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Overview

  • Mukesh Ambani said Jio is preparing to file for an IPO, targeting a listing in the first half of 2026, subject to regulatory approvals.
  • Jio has surpassed 500 million customers and outlined an 'AI Everywhere for Everyone' agenda that includes taking its platforms to international markets.
  • Reliance introduced JioPC, a cloud‑powered virtual computer that turns any TV or screen into an AI‑ready PC with a pay‑as‑you‑use model.
  • The company previewed JioFrames, AI‑enabled wearable glasses with a multilingual voice assistant, alongside upgrades to Jio AI Cloud and smart‑home services.
  • RIL reported record FY25 revenue of Rs 10.71 lakh crore, and its shares fell roughly 2–3% intraday after the AGM; some outlets also reported a Meta AI joint venture, which remains limited to media reports.