Jio Financial Services Invests Rs 1999.88 Crore in Wholly Owned Subsidiary Jio Credit Limited
Jio Financial Services has made a significant investment of Rs 1999.88 crore in its wholly owned subsidiary Jio Credit Limited through equity share subscription. The transaction involved 3.36 crore shares at a premium of Rs 585.70 per share and represents a strategic capital allocation to strengthen the NBFC subsidiary's operational capabilities.

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Jio Financial Services Limited has announced a substantial investment of Rs 1999.88 crore in its wholly owned subsidiary Jio Credit Limited (JCL), a non-banking financial company. The investment was disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Investment Details
The investment structure involved subscription and allotment of equity shares with specific pricing parameters:
| Parameter: | Details |
|---|---|
| Number of Shares: | 3,35,71,923 equity shares |
| Face Value: | Rs 10 per share |
| Premium: | Rs 585.70 per equity share |
| Total Investment: | Rs 1999.88 crore |
| Payment Mode: | Cash |
Transaction Characteristics
The investment represents a related party transaction conducted on an arm's length basis. The company clarified that none of its promoter, promoter group, or other group companies have any interest in this investment. The transaction was structured to ensure compliance with regulatory requirements and corporate governance standards.
Regulatory Compliance
The investment did not require any governmental or regulatory approvals, indicating it falls within the company's normal course of business operations. The transaction was executed on February 26, 2026, at 11:30 a.m., with formal disclosure made to both BSE Limited and National Stock Exchange of India Limited.
Fund Utilization
Jio Credit Limited will utilize the invested amount to fund its business operations. This capital infusion is expected to strengthen JCL's operational capabilities as a non-banking financial company and support its growth initiatives within the financial services sector.
The disclosure follows a previous communication dated March 27, 2025, suggesting this investment is part of an ongoing capital allocation strategy for the subsidiary's development and expansion.
Historical Stock Returns for Jio Financial Services
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.31% | -3.01% | +1.29% | -19.88% | +13.18% | +2.91% |


































