Reliance Industries Limited — JV/Acquisition, 03-02-2026: Acquisition

Reliance's subsidiary, RSBVL, has acquired a 50.1% stake in Oscar-winning Sikhya Entertainment for Rs. 150 crore. This strategic move aims to significantly deepen Jio Studios' content play in the media and entertainment sector. The acquisition allows Jio Studios to combine its scale with Sikhya's proven track record of culturally rooted, globally resonant storytelling, bolstering its position and taking Indian narratives to a worldwide audience. It also strengthens efforts to champion emerging talent and intellectual property.