There has been news of relief for Reliance Industries in the direction of listing on the stock exchange of Jio Financial Services Limited. NCLT has approved the demerger of digital financial services company Jio Financial Services Limited from Reliance Industries.
In the Annual General Meeting (AGM) of Reliance Industries, Chairman Mukesh Ambani can present the roadmap for listing on the stock exchange of Jio Financial Services. Although the date of the AGM has not been announced yet. But it is expected that this meeting can be held in the month of August. There are speculations in the market that Mukesh Ambani may soon announce the allotment and listing of shares of Reliance Strategic Investment, later the name of the company will be changed to Jio Financial Services.
