Jio Financial Services preferential issue monitoring report Q1 FY27
JIOFIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Crisil monitoring report for Jio Financial Services preferential issue: 50 crore warrants at Rs 316.50, totaling Rs 15,825 crore. In Q1 FY27, Rs 5,934.38 crore received from warrant conversions. Company deployed Rs 2,007.41 crore in the quarter into Jio Credit, Jio Leasing, Jio Payments Bank, Jio BlackRock JV, and others. Cumulative use Rs 4,927.64 crore. No deviation from objects. Flag: market price Rs 234 is below exercise price Rs 316.50, may impact future warrant conversions.
Market price below exercise price is a concern. If price stays low, warrant holders may skip converting the remaining Rs 5,934 crore due by March 2027.