
Jio Financial Services Ltd (JFSL) on Wednesday announced that promoter group companies have infused Rs 3956 crore into the company to support its expansion plans. In a regulatory filing JFSL said its Board of Directors has allotted 50 crore warrants at a price of Rs 316.50 per warrant to promoter group entities—Sikka Ports & Terminals Ltd and Jamnagar Utilities & Power Pvt Ltd—against the infusion of Rs 3956.25 crore. Promoter Group Infusion In Jio Financial Both the companies have been allotted 25 crore warrants each at Rs 316.50 per unit it said. Subscription amount received by the company was 25 per cent of warrant issue price of Rs 316.50 per unit aggregating to Rs 3956 crore. JFSL board in July had approved fund infusion of Rs 15825 crore through preferential issue of convertible warrants to members of the promoter group. Highlights Promoter group firms infuse Rs 3956 cr in Jio Financial Ambani family infuse led firms infuse Rs 3956 cr in Jio Financial JFSL board of directors allot 50 crore warrants. Sikka Ports & Terminals Ltd and Jamnagar Utilities & Power Pvt Ltd Jio Financial Services Ltd (JFSL) reported a 4 per cent increase in consolidated net profit to Rs 325 crore in the first quarter ended June 2025 as against Rs 313 crore in the same quarter a year ago. The companys total income rose to Rs 619 crore as against Rs 418 crore in the June quarter of the previous year. (With Inputs From PTI)
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