Jio Financial Services Limited allotted 25,00,00,000 equity shares to promoter group entities Sikka Ports & Terminals Ltd and Jamnagar Utilities & Power Pvt Ltd. The allotment follows the conversion of warrants on April 21, 2026. This transaction increases the aggregate promoter group shareholding from 47.12% to 49.13%.
Jio Financial Services Limited allotted 25,00,00,000 equity shares worth ₹7,912.50 Crore to promoter group entities upon warrant conversion. This exercise increases the promoter group's shareholding from 47.12% to 49.13%. The allotment strengthens the company's capital base and reflects continued promoter commitment.