FilingReader Intelligence
Jio Financial Services invests in subsidiaries for business growth
March 31, 2025 at 09:26 AM UTC•By FilingReader AI
** Jio Financial Services (JFS) has announced a series of investments in its subsidiary companies, signaling a move to bolster its business operations. The primary announcement details a subscription to 173,774,120 equity shares of Jio Finance Limited (JFL), a wholly owned subsidiary, for a total cash consideration of INR 1000.24 crore. JFL will utilize these funds to fuel its business endeavors.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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BSE:JIOFIN•Bombay Stock Exchange
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