Reliance reworks Jio IPO as fresh share sale


A fully fresh issue would send proceeds to Jio and dilute existing holders, and about 250 billion rupees (US$2.65 billion) could go to debt repayment.


A fully fresh issue would send proceeds to Jio and dilute existing holders, and about 250 billion rupees (US$2.65 billion) could go to debt repayment.


