Jio Leasing Services Limited (JLSL), a subsidiary of Jio Finance, has invested ₹46 crore in Reliance International Leasing IFSC Private Limited (RILIPL) by subscribing to 4,60,00,000 Cumulative Optionally Convertible Preference Shares. RILIPL is a joint venture between JLSL and Reliance Strategic Business Ventures Limited. The total investment by JLSL in RILIPL to date is ₹247.55 crore. This investment will fund RILIPL’s business operations.
Investment Overview
Jio Leasing Services Limited (“JLSL”) has made a significant investment in Reliance International Leasing IFSC Private Limited (“RILIPL”). The company subscribed to 4,60,00,000, 8.1% Cumulative Optionally Convertible Preference Shares (“OCPS”) of Rs.10/- each. The investment amounts to ₹46 crore.
Details of the Transaction
The investment was made in December 2025. RILIPL is a joint venture between JLSL and Reliance Strategic Business Ventures Limited. The subscription was part of a rights issue by RILIPL and was done for cash at par.
Purpose of the Investment
The primary purpose of this investment is to fund the business operations of RILIPL. The aggregate investment made by JLSL in RILIPL until December 31, 2025, totals ₹247.55 crore.
Related Party Transaction
This investment qualifies as a related party transaction, conducted on an arm’s length basis. The investment is not associated with the promoter group’s interest.
Source: BSE
