NSEAcquisition30 Sept 2026 · 30 Sept 2026, 06:12 pm
Acquisition
Jio Financial Services Limited · JIOFIN
✦ AI SummaryJoint Venture
Jio Financial Services Limited has invested Rs. 320.05 crore in Jio Allianz General Insurance Limited, a 50:50 joint venture with Allianz Europe B.V., through a rights issue. The investment is a related party transaction but on an arm's length basis.
Analysis Scores
Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Investment in Jio Allianz General Insurance Limited, joint venture between the Company and Allianz Europe B.V.
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JIOFINANCIAL_30092026181135_JFSL.pdf
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September 30, 2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza,
Dalal Street, Fort, Plot No. C/1, G Block, Bandra-Kurla Complex,
Mumbai 400 001 Bandra (East), Mumbai 400 051
Scrip Code: 543940 Trading Symbol: JIOFIN
Dear Sirs,
Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 - Investment in Jio Allianz General Insurance
Limited, joint venture between the Company and Allianz Europe B.V.
This is further to our disclosure dated May 19, 2026.
The Company and Allianz Europe B. V. (“Allianz”) have each, today subscribed to and have been
allotted 32,00,50,000 equity shares of Rs. 10/- each of Jio Allianz General Insurance Limited (a
50:50 Joint Venture between the Company and Allianz) (“JV”), for cash at par, aggregating
Rs. 320.05 crore, on a rights issue basis. JV will utilise the amount to fund its business
operations. The aggregate investment by the Company in JV till date is Rs. 375 crore.
The investment is a related party transaction and is on an arm's length basis. None of the
Company’s promoter / promoter group / other group companies have any interest in the above
investment.
No governmental or regulatory approval is required for the above transaction.
The investment was made by the Company at 2.42 p.m today.
This is for information and records.
Yours faithfully,
For Jio Financial Services Limited
Mohana V
Group Company Secretary
and Compliance Officer
Jio Financial Services Limited Registered Address: 1st Floor, Building 4NA, Maker Maxity, Bandra Kurla Complex,
Bandra East, Mumbai - 400051, India
+91 22 3555 4094 | www.jfs.in | investor.relations@jfs.in | CIN: L65990MH1999PLC120918