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Jaadhu Holdings
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Jio Platforms clears SEBI hurdle for potential record IPO as Rs 27,500cr debt payoff reshapes Reliance valuation
Jio Platforms has received SEBI’s observation letter for an IPO that could become India’s largest. The all-fresh-share structure could direct up to ₹27,500 crore toward Reliance Jio Infocomm debt, making balance-sheet improvement and independent price discovery more important than promoter monetisation.