Jio Financial Services (JIOFIN) — Related Party Transaction

Jio Financial Services Limited invested ₹1,999.88 crores in its wholly-owned subsidiary Jio Credit Limited (NBFC) by subscribing to 3.36 crore equity shares at ₹585.70 per share. The transaction, disclosed as related party on arm's length basis, requires no regulatory approval. JCL will deploy funds for business operations. No promoter group entities hold interest in this investment.

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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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