What was filed
Reliance Industries told the exchanges that the IPO Committee of the Board of Jio Platforms Limited (JPL) met on October 14, 2026 and approved the key pricing terms for JPL's initial public offer. The disclosure follows an earlier intimation the same day on the filing of the Red Herring Prospectus by JPL.
The committee fixed the price band, a discount for eligible employees bidding under the employee reservation portion, and the minimum bid lot. Each equity share carries a face value of \u20b910, and bids may be placed in multiples of the minimum lot thereafter.
Why it matters to a holder
Fixing the price band and bid lot moves JPL's offer from prospectus filing toward the bidding stage, firming up the terms at which shares of Reliance's digital arm will be offered to the public. For Reliance shareholders, it is the next concrete step in the separate listing of Jio Platforms. The filing states only the pricing mechanics; it does not disclose the offer size, the split between fresh issue and offer for sale, or the bidding dates.