Date: 31 October 2026
Curated by the team of Boldvoices
Reliance Industries Chairman Mukesh Ambani was visibly moved as his children Anant Ambani and Isha Ambani spoke about the family’s journey, the legacy of Dhirubhai Ambani and the growth of Jio at the company’s listing ceremony on 28 October 2026. The emotional moment, in which Mukesh Ambani was seen wiping his eyes, gave a deeply personal dimension to an event that was also a major milestone for India’s digital business and capital markets.
The ceremony brought together several generations of the Ambani family story: Dhirubhai’s ambition to build a business with ordinary Indians as stakeholders, Mukesh Ambani’s vision for a digitally connected country, and the next generation’s responsibility to take that legacy forward.
Anant Ambani Opens with Gratitude
Anant Ambani began his address by thanking the millions of people who believed in Jio and helped shape its journey. He described the ringing of the stock exchange bell as something that would remind him of a temple bell. For him, he said, business is a form of worship, and the offering that follows a prayer is meant to be shared. He connected that thought to Jio’s public-market debut with the line: “Today, Jio is shared with India.”
The message placed customers and the wider public at the centre of the company’s story. Anant credited Jio’s approximately 530 million subscribers with making the journey possible, presenting the listing not simply as a corporate achievement but as a milestone built through the trust of people across the country.
Remembering Dhirubhai Ambani’s Early Journey
Anant looked back to his grandfather Dhirubhai Ambani and the modest beginnings of the family’s business journey. He recalled the story of a young man from Chorwad in Gujarat who had worked at a petrol pump in Aden, starting without great wealth or influential connections. Dhirubhai’s example, Anant said in essence, showed that an ordinary Indian could aspire to achieve something extraordinary.
He then turned to his father Mukesh Ambani’s conviction that India should not fall behind the rest of the world. The development of the Jamnagar refinery was presented as one expression of that ambition. The broader point was that each generation had taken on a different challenge while continuing to build on the aspirations of the generation before it.
How Jio Became Part of Everyday India
Anant’s address also focused on the everyday changes enabled by digital connectivity. He referred to students continuing their education when schools were closed, families staying close through video calls, people accessing religious darshan from their homes, creators reaching audiences beyond their hometowns and patients connecting with medical help. These examples illustrated how connectivity can create opportunities well beyond the telecom industry.
He acknowledged the people who built and operate the network: field teams working in difficult weather, technicians climbing towers, engineers, customer-service staff, store teams, retail partners and their families. He made it clear that the listing-day recognition belonged to this wider Jio workforce as well.
Anant also spoke about the unity he shares with his siblings, Isha and Akash, describing them as “three bodies, but one soul” with a common commitment. He traced the family’s values to his grandfather’s dream, his grandmother’s blessings, his father’s guidance and his mother Nita Ambani’s emphasis on humility and care. He thanked Prime Minister Narendra Modi for the vision of Digital India and expressed confidence in the country’s future and its young people.
Isha Ambani Revisits Reliance’s 1977 Public Offering
Isha Ambani added another layer to the occasion by recalling a family conversation from a few evenings earlier. Her father, she said, had been remembering 1977, when he was 20 years old and working on Reliance’s first public offering. Dhirubhai Ambani had decided to take the company to the people, bringing ordinary investors into the group’s growth story.
The memory created a striking connection between Reliance’s earlier public-market milestone and Jio’s listing decades later. Isha emphasised that behind every business number is a customer, and credited the people who welcomed Jio and made it part of their daily lives. She said the company would seek to honour the faith of its investors and customers by continuing to build with integrity.
Isha also highlighted Jio’s scale after roughly a decade of operations, citing revenue of about US$15.5 billion and earnings of around US$8 billion. She praised Akash Ambani’s long involvement in building the business, noting the sustained effort behind the platform’s growth, and expressed pride in her brother’s contribution.
Why Mukesh Ambani’s Reaction Resonated
Mukesh Ambani’s emotional response came as his children spoke publicly about the people and experiences that shaped the family’s business journey. Anant recalled the influence of Dhirubhai and his father’s vision, while Isha brought the audience back to 1977, when Mukesh was a young participant in Reliance’s first public offering. The family was now witnessing another major public-market moment through Jio.
The speeches connected personal memories with a business legacy built over decades. They also recognised that the next generation’s role is not simply to inherit a large enterprise, but to carry forward the values, ambitions and responsibilities associated with it. That combination of family history and public achievement helps explain why the moment struck such an emotional chord.
Jio Platforms Makes a Strong Market Debut
The listing was significant for investors as well. Jio Platforms shares debuted on 28 October at around ₹1,358–₹1,359, compared with an IPO issue price of ₹1,119 per share. That represented a listing premium of approximately 21.36%. The public offering, valued at about ₹30,213 crore, was one of the major market events of the year.
The debut gave public-market investors an opportunity to participate directly in Jio’s digital business. However, a strong listing premium should not be treated as a guarantee of future returns. Investors will need to assess the company’s earnings, capital expenditure, competition, regulation and ability to sustain growth over time.
A Family Milestone and a New Responsibility
The speeches by Anant and Isha carried a shared theme: Reliance’s journey has been shaped by the trust of customers, the work of employees, the support of investors and the ambitions of successive generations. Anant presented Jio as something built with India, while Isha renewed the family’s promise to respect the trust placed in the business.
For Mukesh Ambani, the listing ceremony brought together the memory of his father’s early ambition and the sight of his own children speaking about the future. For the company, it marked a new chapter in the public markets. And for the audience, it was a reminder that behind a major corporate milestone there can also be a deeply human story of family, hard work and continuity.
This article summarises the key themes of the speeches and published reporting. It is not a complete word-for-word transcript of either address.
#MukeshAmbani #AnantAmbani #IshaAmbani #JioPlatforms #JioListing #RelianceIndustries #BusinessNews #StockMarket #BoldVoices
