Investment in Jio Payments Bank Limited, a wholly owned subsidiary of the Company
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Jio Financial Services has invested Rs. 190 crore in its wholly owned subsidiary, Jio Payments Bank Limited, by subscribing to 19 crore equity shares of Rs. 10 each at par on a cash basis. The allotment was completed on June 25, 2025, and was carried out at arm's length as a related party transaction between the company and its subsidiary. No government or regulatory approval was required for this capital infusion. The move strengthens the company's financial backing of its payments banking arm, supporting its growth and regulatory capital needs.
This is an internal capital infusion into a wholly owned subsidiary and is unlikely to have a material impact on the stock price, though it signals continued investment in the payments banking business.