SEBI’s revised listing rules are poised to benefit Reliance Industries’ Jio Platforms, potentially streamlining its planned IPO in early 2026. The reduction in minimum IPO size for large companies and extended deadline for public shareholding requirements ease concerns about valuation discounts. This allows Jio Platforms to offer fewer shares initially, facilitating easier investor absorption and fairer market valuation.
Zee Entertainment approves Rs 600-crore share buyback at Rs 91 apiece; promoters to stay out
Zee Entertainment has approved a Rs 600 crore share buyback at Rs 91 per share, a 24% premium over its latest NSE closing price. The