Jio Financial Services Invests Rs 1999.88 Crore in Wholly Owned Subsidiary Jio Credit Limited

1 min read     Updated on 26 Feb 2026, 06:21 PM
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Reviewed by
Radhika SScanX News Team
Overview

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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*this image is generated using AI for illustrative purposes only.

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 Day5 Days1 Month6 Months1 Year5 Years
-0.31%-3.01%+1.29%-19.88%+13.18%+2.91%
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Jio Financial Services to Participate in Kotak Securities' Chasing Growth 2026 Investor Meet

1 min read     Updated on 20 Feb 2026, 01:46 PM
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Reviewed by
Naman SScanX News Team
Overview

Jio Financial Services Limited will participate in Kotak Securities' Chasing Growth 2026 institutional investors meeting on February 25, 2026 in Mumbai. The in-person event will feature one-on-one and group discussions with institutional investors. The company has assured that only publicly available information will be discussed, with no unpublished price sensitive information to be shared, ensuring compliance with SEBI regulations.

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*this image is generated using AI for illustrative purposes only.

Jio Financial Services Limited has announced its participation in an institutional investors meeting organized by Kotak Securities Limited. The company disclosed this information under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Details

The institutional investors meeting is part of Kotak Securities Limited's 'Chasing Growth 2026' event series. Company executives will participate in discussions with institutional investors to provide insights into the company's business operations and strategic direction.

Parameter: Details
Event Date: February 25, 2026
Event Name: Kotak Securities Limited's Chasing Growth 2026
Mode: In-Person (Mumbai)
Meeting Format: One-on-One / Group
Organizer: Kotak Securities Limited

Compliance and Information Sharing

Jio Financial Services has emphasized its commitment to regulatory compliance and transparency in investor communications. The company has specifically stated that no unpublished price sensitive information will be shared or discussed during the meeting.

The discussions will be limited to information that is already available in the public domain, ensuring adherence to securities regulations and maintaining fair disclosure practices. This approach aligns with SEBI guidelines for corporate communications with institutional investors.

Regulatory Disclosure

The announcement was made through a formal communication to both BSE Limited and National Stock Exchange of India Limited on February 20, 2026. The disclosure was signed by Mohana V, Group Company Secretary and Compliance Officer of Jio Financial Services Limited.

Such institutional investor meetings are common practice in the financial services sector, providing platforms for companies to engage with the investment community and share publicly available information about their business performance and strategic initiatives.

Historical Stock Returns for Jio Financial Services

1 Day5 Days1 Month6 Months1 Year5 Years
-0.31%-3.01%+1.29%-19.88%+13.18%+2.91%
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1 Year Returns:+13.18%