Mukesh Ambani Gets Emotional as Anant Speaks at Jio Listing
Reliance Industries Chairman Mukesh Ambani became emotional during the stock market listing ceremony of Jio Platforms Limited on October 28, 2026, as his son Anant Ambani delivered a heartfelt speech reflecting on the family’s journey and the company’s growth. The moment attracted attention during a major business milestone for the Reliance Group, with members of the Ambani family and company executives present to mark Jio’s entry into the public markets.
Anant Ambani spoke about the legacy of his grandfather, Dhirubhai Ambani, and the vision that shaped the Reliance Group. He acknowledged the contribution of millions of Indians who adopted Jio’s digital services and helped the company expand across the country. His remarks highlighted the role of customers, employees and supporters in building the business into one of India’s prominent digital platforms.
During his address, Anant also drew a symbolic comparison between ringing the stock exchange bell and the sound of a temple bell. The remark reflected his personal view of the company’s achievement and the importance of the occasion for the family. Mukesh Ambani appeared visibly moved as the speech turned towards the family’s history and the people who contributed to Jio’s development.
Isha Ambani also addressed the gathering, recalling Mukesh Ambani’s connection with Reliance’s public-market journey. She referred to the company’s initial public offering in 1977, when her father was around 20 years old, and highlighted the ambition that helped shape the group’s expansion. Her remarks also recognised the efforts of her brother Akash Ambani in developing Jio’s business and digital services.
Jio Platforms’ stock market debut represented a significant development for Reliance Industries and India’s telecommunications and technology sectors. The company has played a major role in expanding affordable mobile data and digital connectivity across India since launching its telecom services in 2016. Its growth has helped reshape the country’s internet market and supported the expansion of digital payments, online entertainment and other internet-based services.
According to market reports, Jio Platforms shares opened at ₹1,358 on their stock market debut, compared with the reported issue price of ₹1,119. The opening price represented a gain of approximately 21.3% over the issue price. The listing drew attention from investors because of Jio’s scale, its position in India’s digital economy and the potential implications of its public-market valuation for Reliance Industries.
The listing ceremony brought together the business significance of Jio’s market debut and the personal story of the Ambani family. Mukesh Ambani’s emotional reaction during his son’s speech highlighted the family legacy associated with Reliance, from Dhirubhai Ambani’s early business ambitions to the group’s expansion into telecommunications and digital services. The occasion also marked a new phase in Jio Platforms’ relationship with public-market investors.
Jio Platforms’ future performance will depend on its business strategy, competition, financial results and ability to sustain growth across its digital services. While the stock market debut marked an important milestone, investors will continue to assess the company’s long-term prospects and financial performance. For the Ambani family, the ceremony was also a moment to reflect on Reliance’s history and the role Jio has come to play in India’s digital transformation.