Acquisitions3 Feb 2026, 09:26 am
Reliance's Jio Studios Acquires 50.1% Stake in Oscar-Winning Sikhya Entertainment for Rs. 150 Crore
AI Summary
Reliance Strategic Business Ventures Limited (RSBVL), a wholly owned subsidiary of Reliance Industries Limited (RIL), has acquired 50.1% equity stake in Sikhya Entertainment Private Limited (SEPL) for an aggregate cash consideration of Rs. 150 crore. This acquisition enables Jio Studios, the media and content arm of the Company, to further consolidate its pre-eminent position in the media and entertainment sector. SEPL is a globally recognized and awarded production house, with a proven track record of globally resonant, culturally rooted storytelling, having won both an Academy Award® and multiple National Film Awards.
Key Highlights
- Reliance's Jio Studios acquires 50.1% equity stake in Sikhya Entertainment for Rs. 150 crore
- Sikhya Entertainment is an Oscar-winning Indian production house known for bold, authentic storytelling
- Acquisition enables Jio Studios to further consolidate its position in the media and entertainment sector
- SEPL's turnover for FY2024-25, FY2023-24 and FY2022-23 was Rs. 69.21 crore, Rs. 64.40 crore and Rs. 28.36 crore, respectively
- No governmental or regulatory approvals were required for the transaction