Reliance Industries, through Jio Studios, has acquired a 50.1% stake in Sikhya Entertainment for ₹150 crore. This move aims to deepen content creation capabilities and take Indian stories to a global audience. The acquisition will consolidate Jio Studios’ position in the media and entertainment sector by combining Sikhya Entertainment’s storytelling with Jio Studios’ scale and distribution network. The deal was finalized on February 2, 2026.
Strategic Acquisition
On February 2, 2026, Reliance Strategic Business Ventures Limited (RSBVL), via Jio Studios, acquired a 50.1% equity stake in Sikhya Entertainment Private Limited (SEPL). The deal, valued at ₹150 crore, combines primary and secondary transactions. This positions Jio Studios to further dominate the media and entertainment landscape.
Rationale Behind the Deal
This partnership allows Jio Studios and Sikhya Entertainment to co-create films and series for both Indian and global audiences. Jio Studios brings scale, reach, and a focus on building intellectual property, while Sikhya Entertainment offers globally resonant and culturally rooted storytelling. Sikhya Entertainment is known for its award-winning films, including Academy Award winners.
Statements from Leadership
Jyoti Deshpande, President – Jio Studios (Media & Content Business, RIL), stated that the association reflects a long-term belief in partnering with creators who combine creative excellence with cultural authenticity. Jio Studios aims to provide Indian stories with the platform and pathways to reach audiences around the world.
Guneet Monga Kapoor and Achin Jain, Sikhya Entertainment, shared their belief that stories connect people across cultures and that partnering with Jio Studios will allow them to take these stories to global audiences and champion emerging talent from across the country.
About Sikhya Entertainment
Sikhya Entertainment has delivered authentic storytelling with global resonance. They focus on powerful narratives and nurturing new and emerging talent. Their portfolio includes Academy Award® winning films.
Source: BSE
