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The company AJRL will invest an amount of ₹2.50 lakh towards initial subscription of 25,000 equity shares of face value ₹10 each for 50% stake. File. | Photo Credit: Reuters Jio Financial Services Ltd (JFSL) on Tuesday (September 9, 2025) said the company and Allianz of Germany have incorporated a joint venture company named ‘Allianz…
File. | Photo Credit: Reuters Life Insurance Corporation of India (LIC) has secured 6.66% holding in Jio Financial Services Ltd. consequent to the demerger of the financial services business of Reliance Industries. It was an investment function and the shares were acquired through the demerger. The cost of acquisition was 4.68% of the demerged cost…
Read More “Jio Financial Services shares decline 5% for second straight day” »
BSE said that the scrip will be in the trade-for-trade segment for 10 trading days. Jio Financial Services, the demerged financial services unit of Reliance Industries, had a volatile market debut on Monday. Shares of Jio Financial Services hit the lower circuit after slipping 5 per cent to a low of Rs 248.90 apiece. On…
Read More “Jio Financial Services Hit 5% Lower Circuit On Its Maiden Trading Day” »
Jio Financial Services Ltd (JFSL) demerged from Reliance last month. (File) New Delhi: Shares of Jio Financial Services, the demerged financial services unit of Reliance Industries, listed on the bourses on Monday, with the stock falling nearly 5 per cent on the NSE later in the trade. On the BSE, shares of the company began…
Read More “Jio Financial Services Shares Hit Lower Circuit In Debut Trade” »