Jio Financial: CRISIL monitoring report for Q4 FY26 preferential issue proceeds
JIOFIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
CRISIL's monitoring report for Jio Financial's Rs 15,825 crore preferential issue of convertible warrants shows no deviation from stated objects. In Q4 FY26, the company used Rs 1,829.79 crore, including Rs 1,662.55 crore in Jio Credit and Rs 91.27 crore in Allianz Jio Reinsurance JV. Cumulative utilization stands at Rs 2,920.23 crore; Rs 12,904.77 crore remains unutilized, parked in money market instruments earning Rs 10.14 crore. Balance 75% (Rs 11,868.75 crore) is due on warrant conversion by March 2027.
Confirms disciplined deployment of warrant proceeds into subsidiaries; remaining balance tied to future warrant conversions, supporting long-term growth plans.