Jio Financial Services Limited — JV/Acquisition, 23-12-2025: Acquisition
23-12-2025 | 05:56 pm
23-12-2025 | 05:56 pm
Jio Financial Services (JioFIN) has infused Rs 50 crore into its wholly-owned subsidiary, Jio Leasing Services (JLSL), by subscribing to optionally convertible preference shares. This strategic move increases JioFIN's total investment in JLSL to Rs 120.05 crore. The fresh capital will empower JLSL to expand and fund its ongoing business operations, reinforcing the group's financial services ecosystem. This allocation aims to strengthen JLSL's market presence and operational capabilities.
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