Jio Financial Services Invests Rs. 67.50 Crore in Reliance International Leasing IFSC Limited

Jio Leasing Services Limited (JLSL), a subsidiary of Jio Financial Services Ltd, has invested in 6,75,00,000, 8.1% Cumulative Optionally Convertible Preference Shares of Rs.10/- each of Reliance International Leasing IFSC Limited (RILIL). The investment, amounting to Rs. 67.50 crore, is to fund the business operations of RILIL. This is a related party transaction, made on an arm’s length basis. The investment does not involve any interest from the Company’s Promoter, Promoter Group, or other group companies. No governmental or regulatory approvals were required for the investment.