Jio Financial Services Limited allotted 25 crore equity shares at ₹316.5 per share via a preferential issue. This transaction raised approximately ₹791.25 Crore and increased the promoter group's shareholding from 47.12% to 49.13%.
Jio Financial Services Limited submitted its Monitoring Agency Report for the quarter ended March 31, 2026. The report by CRISIL Ratings confirms utilization of ₹15,825 Crore raised via preferential issue. Funds are being deployed for infusion into subsidiaries and joint ventures, with ₹12,904.77 Crore currently remaining unutilised in money market instruments.
