Shares of Reliance Industries Ltd (RIL) slipped as much as 1.9% on Wednesday to Rs 1,510 on the BSE, after a report said that its telecom and digital arm, Reliance Jio Platforms, has shelved plans to go public in 2025.
The update, reported by Reuters, also follows ongoing delays in the conglomerate’s retail listing and further raised investor concerns over the timeline of monetisation for the group’s high-growth consumer-facing businesses.
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