Intimation of grant of certificate of registration to Jio BlackRock Mutual Fund by SEBI

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Price reactionminutes from the announcement price · days from the prior close

+4.0%Reaction day

₹281.50

prior close

₹285.95

announcement price

In-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)-0.6%+4.6% vs market

Investment Company peers, median of 59sector-0.4%+4.4% vs sector

On the reaction day the stock moved 4.6 pts more than Nifty 100 and 4.4 pts more than its Investment Company peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Sessions after the filingfrom the prior close

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Reaction day

+4.0-0.6+4.6-0.4+4.4

Next day

+2.8-0.9+3.8-0.2+3.1

+2.4-0.6+3.1-0.4+2.9

+1.7-1.0+2.7-1.0+2.6

+1.8-1.0+2.9-0.5+2.3

+0.8-1.7+2.5-0.8+1.6

+3.4-0.9+4.3-0.8+4.2

15d

+2.9-0.6+3.5+0.7+2.3

+15.3+2.4+12.9+2.4+12.9

+9.2-1.2+10.5+0.8+8.5

+10.6-2.0+12.6-2.0+12.6

UpDownMarket · Nifty 100Sector · Investment Company peers, median of 59Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Jio Financial Services has informed the exchanges that SEBI has granted a certificate of registration to Jio BlackRock Mutual Fund. This is the regulatory approval required to formally launch and operate a mutual fund business in India. Jio BlackRock is the joint venture between Jio Financial Services and global asset manager BlackRock. The registration marks a key milestone in the joint venture's plan to enter India's fast-growing mutual fund industry.

Likely market impact

This is a positive development for Jio Financial Services as it clears a major regulatory hurdle and brings the Jio BlackRock mutual fund business one step closer to launch. It could enhance long-term revenue diversification but may not have an immediate impact on the stock price.