StockWatch
·
Investment Company
Investment19 May 2026, 07:22 pm

Jio Financial Services Invests ₹4.95 Cr in Jio Allianz General Insurance

AI Summary

Jio Financial Services Ltd has invested ₹4.95 crore in Jio Allianz General Insurance Limited. The investment was made towards the initial subscription of 49,50,000 equity shares with a face value of ₹10 each. This disclosure is made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and follows a previous disclosure dated May 13, 2026.

Key Highlights

  • Jio Financial Services invests ₹4.95 Cr in Jio Allianz General Insurance.
  • The investment is for initial subscription of 49,50,000 equity shares.
  • Each share has a face value of ₹10.
  • Disclosure made under SEBI regulations.
  • Investment occurred around 1.40 pm today.