Jio Financial Services Ltd

Jio Financial Services Ltd executives participated in an Institutional Investors' Meeting organized by a third party, following up on a disclosure from September 16, 2026. The company clarified that no unpublished price sensitive information was shared or discussed during the meeting. Only information already available in the public domain was presented. This update serves for general information and records.

Jio Financial Services Ltd announced that its executives participated in the 'Ashwamedh – Elara India Dialogue 2026' institutional investors' meeting. The meeting, held in-person in Mumbai on September 1, 2026, involved one-on-one and group interactions. The company explicitly stated that no unpublished price-sensitive information was shared, and only information already available in the public domain was discussed. This disclosure serves as a follow-up to a previous announcement made on August 26, 2026.

Jio Financial Services Ltd announced the voting results and consolidated Scrutinizer's Report for its Third Annual General Meeting (Post Listing) held on August 26, 2026. All resolutions, including the adoption of audited financial statements for FY26 and the declaration of dividend on equity shares, were passed. The meeting saw participation through remote e-voting and e-voting at the venue. Detailed voting percentages for promoters and public shareholders were provided for each agenda item.

Jio Financial Services Ltd announced the re-appointment of Shri Hitesh Kumar Sethia as Managing Director and Chief Executive Officer for a term of five years, effective November 15, 2026. This decision was approved by the members at the Third Annual General Meeting (Post Listing) held on August 26, 2026. Additionally, the AGM approved the appointment of PKF Sridhar & Santhanam LLP as Joint Statutory Auditors for a three-year term, replacing Lodha & Co LLP. The meeting also confirmed the continuation of Deloitte Haskins & Sells as existing statutory auditors.

Jio Financial Services Ltd announced at its Third Annual General Meeting (Post Listing) on August 26, 2026, the appointment of PKF Sridhar & Santhanam LLP as Joint Statutory Auditors for a three-year term ending in 2029. This appointment follows the cessation of Lodha & Co LLP, who were previously appointed in 2023. PKF Sridhar & Santhanam LLP brings over four decades of experience, specializing in audits for NBFCs and financial institutions. Additionally, Shri Hitesh Kumar Sethia was re-appointed as Managing Director and CEO for a five-year term starting November 15, 2026. The meeting also confirmed the continuation of Deloitte Haskins & Sells as existing Statutory Auditors.

Jio Financial Services Ltd held its Third Annual General Meeting (Post Listing) on August 26, 2026. The company presented its strategy for growth, highlighting favorable macroeconomic tailwinds in India, including strong GDP growth, reduced inflation, and manageable household debt. The presentation detailed robust fundamentals driving growth across financial services verticals, with a focus on operational excellence, product innovation (including AI/ML applications), and prudent capital allocation. Key operational highlights included significant NBFC and AMC AUM, high daily marketplace purchases, and AI/ML-driven customer conversion rates and reduced turnaround times for credit assessment.

Jio Financial Services Ltd announced that its executives participated in an Institutional Investors' Meeting organized by a third party on August 17, 2026. The meeting was part of Motilal Oswal's 22nd Annual Global Investor Conference, 2026, held in-person in Mumbai. The company explicitly stated that no unpublished price-sensitive information was shared, and only information already in the public domain was discussed. This disclosure serves as a follow-up to a previous announcement made on August 12, 2026.

Jio Financial Services Ltd has released a presentation concerning Item Nos. 6 and 7 of the notice for its 3rd Annual General Meeting (Post Listing). The presentation specifically addresses material related party transactions. Investors and stakeholders can access the details via the provided link to understand the nature and implications of these transactions as discussed during the AGM.

Jio Financial Services Ltd (JFSL) announced that its wholly-owned subsidiary, Jio Credit Limited (JCL), will receive an investment of up to ₹18,268.22 crore from NB Holdings Corporation, a subsidiary of Bank of America Corporation (BofA). The investment will be made through a preferential issue of equity shares and warrants. Post conversion of warrants, BofA will hold 49.90% of JCL's paid-up equity share capital. This strategic partnership aims to combine JFSL's digital reach in India with BofA's global financial expertise to enhance financial services offerings in the rapidly growing Indian market. JCL, a fast-growing NBFC, has built significant assets under management in a short period.

Jio Financial Services Ltd (JFSL) announced that its wholly-owned subsidiary, Jio Credit Limited (JCL), will receive an investment of up to ₹18,268.22 crore from NB Holdings Corporation, a subsidiary of Bank of America Corporation (BofA). This investment, structured as a preferential issue of equity shares and warrants, aims to establish a joint venture where BofA will hold up to 49.9% of JCL. The funds will support JCL's growth in the Indian market, leveraging JFSL's digital reach and BofA's global financial expertise. JCL, a fast-growing NBFC with ₹30,667 crore AUM as of June 30, 2026, will utilize this capital to expand its lending products and services.