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.

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 The company has specifically stated that no unpublished price sensitive information will be shared or discussed during the meeting.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.

Jio Financial Services Limited has announced a key leadership transition in its risk management function, with the Board of Directors approving changes to senior management personnel during a meeting held on February 17, 2026.

Leadership Transition Details

The Board meeting addressed two significant appointments in the Group Chief Risk Officer position:

S. Anantharaman submitted his resignation letter on February 13, 2026, citing personal reasons and his decision to pursue other career opportunities. In his resignation letter addressed to Managing Director & Chief Executive Officer Hitesh Sethia, Anantharaman expressed appreciation for the opportunity to be associated with the company and the support extended by the Board, senior management, and colleagues during his tenure. He committed to ensuring a smooth transition of responsibilities and extending full cooperation to facilitate continuity of operations.

New Appointee Profile

Sandeep Khetan brings substantial expertise to the role, with over 24 years of extensive experience in banking operations. His professional background includes:

Qualifications and Experience:

• 2001-batch Chartered Accountant
• Specialized expertise in Credit Appraisal, Credit Risk, Market Risk, and Operational Risk
• More than 23 years at ICICI Bank in various leadership functions

Current Role at Jio Financial Services: Khetan joined the company on July 30, 2025, as Head – Integrated Risk Management. In this capacity, he has been instrumental in institutionalizing a unified risk governance architecture across the lending, insurance, and payments ecosystem. His work has focused on aligning risk frameworks and internal controls to build a robust, technology-driven 'Second Line of Defence' for the group.

Professional Expertise

During his banking career, Khetan developed expertise across multiple domains:

• Credit & Policy function for SME, MSME & Supply Chain Financing segments
• Retail and Business Banking distribution
• Managing scale and integrating complex risk frameworks
• Leveraging technology for predictive risk management
• Leading and building high-performing teams

Board Approval Process

The appointment of Sandeep Khetan as Group Chief Risk Officer was approved based on recommendations from both the Nomination and Remuneration Committee and the Group Risk Management Committee. The Board meeting, which concluded at 1:10 p.m. on February 17, 2026, formalized this leadership transition as part of the company's senior management personnel changes under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

This leadership change reflects Jio Financial Services' commitment to maintaining strong risk management capabilities while ensuring continuity in its operations across the lending, insurance, and payments business segments.