Jio Financial Services Limited — JV/Acquisition, 27-03-2025: Acquisition

Jio Financial Services Limited has subscribed to and been allotted 1,73,77,412 equity shares of its wholly owned subsidiary, Jio Finance Limited, for a cash consideration of ₹1,000.24 crore. This investment aims to support JFL's business operations, enhancing its capacity for growth. As a related party transaction conducted at arm's length, the investment reflects the company's strategic focus on strengthening its subsidiary without the need for regulatory approvals. This move is expected to bolster shareholder value through operational expansion in the finance sector.