Jio Financial Services Limited — Others, 05-08-2025: Shareholders meeting
Jio Financial Services has convened its Second Annual General Meeting for the fiscal year 2024-25. The company reported a consolidated total income of ₹2,079 crore and a profit after tax of ₹1,613 crore for FY25. Its NBFC assets under management reached ₹10,053 crore, with the payments bank customer base at 2.31 million and ₹295 crore in deposits. The board has proposed a dividend of ₹0.50 per equity share. Shareholders will vote on issuing up to 50 crore warrants for ₹316.50 each to promoter group entities, aiming to raise ₹15,825 crore. Proceeds will fund subsidiaries/joint ventures and general corporate purposes. Ms. Isha M. Ambani's re-appointment as director and S. N. Ananthasubramanian & Co.'s appointment as Secretarial Auditor are also on the agenda.
