FilingReader Intelligence
Jio Financial Services raises $1.9bn through warrant issue
July 30, 2025 at 12:29 PM UTC•By FilingReader AI
Jio Financial Services' board approved issuing 500 million warrants at Rs 316.50 each to raise Rs 15,825 crore ($1.9 billion).
The warrants, convertible to equity shares at Rs 306.50 premium, will be issued to promoter entities Sikka Ports & Terminals and Jamnagar Utilities and Power, subject to shareholder and regulatory approvals.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
BSE:JIOFIN•Bombay Stock Exchange
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