Jio Financial Services has made a strategic investment of ₹50.00 crore in its wholly owned subsidiary, Jio Leasing Services Limited (JLSL), through subscription to optionally convertible preference shares. The investment was disclosed to stock exchanges on December 23, 2025, under Regulation 30 of SEBI listing requirements.

Investment Structure

The company has subscribed to and been allotted preference shares with specific terms:

Cumulative Investment Details

This latest investment brings the total capital deployed in JLSL to significant levels:

Transaction Characteristics

The investment represents a related party transaction conducted on an arm's length basis. JLSL will utilize the funds to support its business operations and growth initiatives. The company confirmed that no governmental or regulatory approvals were required for this transaction.

Corporate Governance

Jio Financial Services has maintained transparency by promptly disclosing the investment details to BSE and NSE. The transaction was executed at 10:56 AM on the disclosure date, with no interest from promoters, promoter groups, or other group companies in this specific investment.

This strategic capital infusion demonstrates Jio Financial Services' continued commitment to strengthening its subsidiary operations and expanding its financial services ecosystem through targeted investments.

Jio Financial Services and BlackRock have each subscribed to 13.60 crore equity shares worth ₹136 crores in their joint venture, JioBlackRock Asset Management Private Limited. The investment was made through a rights issue basis, with both companies maintaining equal stakes in the 50:50 joint venture arrangement. The company made this investment at 1.05 p.m. as disclosed in their latest regulatory filing.

Investment Structure and Updated Details

The share subscription involves equity shares with a face value of ₹10 each, issued at par value. The joint venture will utilize the funds to support its business operations and strategic initiatives in the asset management sector.

Regulatory Compliance and Transaction Details

The investment represents a related party transaction conducted on an arm's length basis. According to the company's disclosure, no governmental or regulatory approval was required for this transaction. The company confirmed that none of its promoter, promoter group, or other group companies have any interest in this investment.

Strategic Partnership Development

JioBlackRock Asset Management Private Limited serves as the investment platform combining Jio Financial Services' market presence with BlackRock's global investment expertise. The fresh capital injection will strengthen the joint venture's operational capabilities and support its expansion in the Indian asset management market.

Financial Impact

The ₹136 crore investment from each partner provides the joint venture with substantial resources totaling ₹272 crores to fund its business operations. This increased financial commitment demonstrates both companies' enhanced dedication to building a strong presence in India's growing asset management sector through their collaborative platform.