Jio Financial Services (JIOFIN) — Corporate Action

Jio Financial Services' wholly owned subsidiary Jio Leasing Services Limited (JLSL) subscribed to 4.5 crore 8.1% Cumulative Optionally Convertible Preference Shares at ₹45 crore in Reliance International Leasing IFSC Private Limited, a 50:50 joint venture with Reliance Industries' subsidiary. This rights issue investment brings JLSL's cumulative investment in RILIPL to ₹166.55 crore. The transaction is at arm's length and requires no regulatory approval.

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About Jio Financial Services Limited (JIOFIN)

Financial Services · Finance · Listed on NSE

Market Cap: ₹1,53,892.82 Cr P/E: 92.1

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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