Jio Financial Services has incorporated a wholly owned subsidiary named “Jio Alternative Investment Manager Limited” (“JAIML”). The new subsidiary, registered in Mumbai, will act as an investment manager to alternative investment funds, subject to regulatory approvals. The company plans to invest Rs. 1 crore towards the initial subscription of shares.
Subsidiary Incorporation
Jio Financial Services has announced the incorporation of a new, wholly owned subsidiary, “Jio Alternative Investment Manager Limited” (“JAIML”). The incorporation was effective as of January 23, 2026.
Purpose and Investment
The newly formed subsidiary will serve as an investment manager to alternative investment funds. The company plans to invest Rs. 1 crore towards initial subscription of 10,00,000 equity shares of face value of Rs. 10 each in JAIML.
Regulatory Status
No governmental or regulatory approvals are required for the above investment.
Source: BSE
