Akash Ambani has been appointed as the Managing Director of Jio Platforms for a  five-year term. Jio Platforms, primarily owned by Reliance Industries Limited (RIL), has reportedly prepared to file its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for a potential public listing.

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On 7 May, the filings were submitted to the Ministry of Corporate Affairs, stating that the appointment is subject to shareholder approval. Son of business tycoon Mukesh Ambani, Akash Ambani joined the board of Reliance Jio Infocomm as a Non- Executive Director in 2014 and has been serving as its Chairman since 2022.