Jio Financial Services , along with twelve other companies, has announced dividend payouts with a record date set for August 11, 2025. This move signals a significant event for investors looking to capitalize on dividend income from these firms.

Jio Financial Services Dividend Details

Jio Financial Services has declared a final dividend of Rs 0.50 per share, representing a 5% payout. This announcement comes as part of a broader wave of dividend declarations across various sectors.

Notable Dividend Announcements

Several companies have made substantial dividend declarations:

• Akzo Nobel India: Offering a special dividend of Rs 156.00 per share, translating to a 1560% payout.
• Kalyani Steels: Declared a dividend of Rs 10.00 per share, equivalent to a 200% payout.
• Neelamalai Agro Industries: Announced a dividend of Rs 30.00 per share, representing a 300% payout.

Complete List of Companies

The full roster of companies setting their ex-dividend date includes:

1. Jio Financial Services
2. Akzo Nobel India
3. Kalyani Steels
4. Neelamalai Agro Industries
5. Castrol India
6. Globus Spirits
7. GPT Infraprojects
8. Indo Count Industries
9. KP Energy
10. KPI Green Energy
11. Rashi Peripherals
12. Shri Dinesh Mills
13. Starteck Finance

Important Dates for Investors

Investors should note that the ex-dividend date is set one day before the record date of August 11, 2025. To be eligible for the dividend, investors must purchase shares before the ex-dividend date.

Market Settlement Cycle

It's crucial for investors to be aware that markets are currently following a T+1 settlement cycle. This means that trades are settled one business day after the transaction date, which can impact dividend eligibility.

Investors are advised to stay informed about these dates and the specific dividend amounts for each company to make well-informed investment decisions. As always, it's recommended to consult with a financial advisor before making any investment choices based on dividend announcements.

Jio Financial Services Limited (JFSL) has announced a significant fundraising initiative alongside its impressive first-quarter results, marking a pivotal moment for the company's growth trajectory.

Massive Fundraising Through Warrant Issue

The Board of Directors of Jio Financial Services has approved an ambitious plan to raise up to ₹15,825 crore through the issuance of warrants to promoter group members. The company will issue 50 crore warrants at ₹316.50 each via private placement, subject to shareholder and regulatory approvals.

Key details of the warrant issue:

• Issue Size: 50 crore warrants
• Price per Warrant: ₹316.50
• Total Fundraise: Up to ₹15,825 crore
• Conversion Period: Within 18 months of allotment

The warrants will be convertible into fully paid-up equity shares of the company. This move is expected to significantly bolster JFSL's financial position and support its growth initiatives.

Q1 Financial Performance

Jio Financial Services has reported robust financial results for the first quarter:

The substantial revenue growth of 46.6% year-on-year underscores the company's strong market position and effective business strategies.

Strategic Developments

In a significant move to expand its product offerings, Jio BlackRock, the joint venture between JFSL and BlackRock, has received approval from the Securities and Exchange Board of India (SEBI) to launch four passive funds. These funds will track various Nifty indices, potentially attracting a diverse range of investors and strengthening JFSL's presence in the asset management sector.

Market Response

Despite the positive news, JFSL's shares closed at ₹320.20 on the BSE, down 0.25%. This minor dip suggests that the market may be taking time to fully assess the impact of these developments on the company's long-term prospects.

Promoter Group Participation

The warrant issue will see participation from key promoter group entities:

1. Sikka Ports & Terminals Limited
2. Jamnagar Utilities and Power Private Limited

Post-conversion of warrants, the promoter group's holding is expected to increase from 3.10% to 10.17%, demonstrating a strong vote of confidence in the company's future.

Jio Financial Services continues to make strategic moves in the financial services sector, leveraging its strong parentage and innovative approach to capture market opportunities. The combination of a substantial fundraise, solid quarterly performance, and expansion into new financial products positions JFSL for potential growth in the coming quarters.