Jio Financial Services Limited announced the completion of its initial investment in Jio Alternative Investment Manager Limited as of February 17, 2026. The company invested Rs. 1 crore to subscribe to 10,00,000 equity shares. Each share carries a face value of Rs. 10. This action follows up on a prior disclosure made on January 24, 2026, marking a key step in establishing the new investment management entity.
Confirmation of Initial Equity Subscription
Jio Financial Services Limited issued a formal notification confirming the conclusion of the initial subscription process into its subsidiary, Jio Alternative Investment Manager Limited. This move was executed on February 17, 2026, shortly after 5 pm.
Investment Details
The company today finalized an investment totaling Rs. 1 crore. This capital was used to subscribe to 10,00,000 equity shares of the subsidiary. Each of these shares carries a face value of Rs. 10, meaning the total paid-up capital contribution is fully detailed. This transaction serves as the initial subscription within the newly established entity.
Reference to Prior Disclosure
This disclosure acts as a follow-up to the prior communication provided to the exchanges on January 24, 2026, regarding the foundation of Jio Alternative Investment Manager Limited.
Regulatory Filing Details
The filing was authorized and signed by Mohana V, Group Company Secretary and Compliance Officer, detailing compliance with relevant corporate regulations.
Source: BSE