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JFSL was originally incorporated as Reliance Strategic Investments Private Limited in July, 1999 under the Companies Act 1956. Jio Financial Services Limited was incorporated in July, 23. JFSL is a NBFC-ND-SI registered with RBI. The company is a holding company and will operate its financial services business through its consumer-facing subsidiaries namely Jio Finance Limited (JFL), Jio Insurance Broking Limited…
Jio Financial Services announced its virtual AGM. Shareholders are reminded of the record date for FY25-26 dividend eligibility, payable within seven days if declared. A cut-off date is also set for voting rights.
Jio Financial Services designated its MD/CEO, CFO, and Company Secretary as key personnel for investor engagement and determining information materiality for public disclosures. This enhances transparency and outlines official communication channels.
Jio Financial Services finalized a 50:50 joint venture with Allianz for general and health insurance in India. This JV aims to deliver comprehensive protection solutions, combining JFSL's digital reach with Allianz's global insurance expertise. A life insurance agreement is also under negotiation.
Jio Financial Services & Allianz formed a 50:50 JV for general & health insurance in India via binding agreement. This leverages JFSL's digital reach with Allianz's global expertise for India's expanding market. A life insurance JV is also in progress, pending approvals.
Jio Financial Services' board approved Q4 & FY26 results and proposed a Rs. 0.60/share dividend. Annapoorna Venkataramanan appointed as new CFO. An ESOP plan for 3.2 Cr options was cleared, and its Allianz reinsurance JV received regulatory approval to begin operations.