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Jio Financial Services raises $1.9bn via warrant issue

July 30, 2025 at 07:07 PM UTC•By FilingReader AI

Jio Financial Services' board approved raising funds by issuing up to 50 crore warrants at ₹316.50 each, totaling ₹15,825 crore ($1.9 billion).

The warrants will be issued to promoter group entities Sikka Ports & Terminals Limited and Jamnagar Utilities and Power Private Limited, convertible into equity shares within 18 months.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

Primary Source Document

The Board of Directors of the Company at its meeting held today, considered and approved raising of funds through issuance of warrants, by way of preferential issue on private placement ....July 30, 2025 at 12:17 PM UTC

Supplementary Source Documents

The Board of Directors of the Company at its meeting held today, considered and approved raising of funds through issuance of warrants, by way of preferential issue on private placement ....July 30, 2025 at 12:23 PM UTC
Jio Financial Services
BSE:JIOFIN•Bombay Stock Exchange
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