Mukesh Ambani wipes away tears as his children take the stage at Jio Platforms listing
At the National Stock Exchange in Mumbai, the Reliance chairman let his three children lead the moment that marked a decade of building Jio.
Mukesh Ambani struggled to hold back tears at the National Stock Exchange in Mumbai on Wednesday, as his children Akash, Isha and Anant took the stage for the stock market listing of Jio Platforms Ltd.
The 69-year-old Reliance Industries chairman sat with his wife, Nita Ambani, and watched his three children pay tribute to him and to their grandfather, Dhirubhai Ambani. They pledged to build on the family's legacy. Ambani repeatedly wiped his eyes as they spoke of the sacrifices, ambitions and responsibilities behind Jio's journey.
It was a quiet handover of the spotlight. In the run-up to the initial public offering, Ambani kept a relatively low profile at investor roadshows and meetings, and eldest son Akash took the lead. On listing day, the father again stepped back and let the next generation speak.
His influence was still plain to see. The listing caps a decade-long push to build a digital platform at a scale that has reshaped India's telecom market. It has also helped Reliance move beyond its traditional base in oil refining and energy.
Why does it matter? For millions of Indians, Jio is the company that made mobile connectivity part of daily life. Putting it on the stock exchange gives ordinary investors a way to own a piece of that story. The scene on stage also showed how one of India's biggest business families is preparing for succession in public view.
Read the original report here.
