Jio Leasing Services Limited (JLSL), a subsidiary of Jio Finance, has invested in Reliance International Leasing IFSC Private Limited (RILIPL) by subscribing to 4,50,00,000 Optionally Convertible Preference Shares. The total investment amounts to ₹45 crore. JLSL’s aggregate investment in RILIPL till date is ₹166.55 crore. The investment will fund RILIPL’s business operations.
Investment Overview
Jio Leasing Services Limited (“JLSL”), a wholly owned subsidiary of Jio Finance, announced an investment in Reliance International Leasing IFSC Private Limited (“RILIPL”). The company subscribed to 4,50,00,000, 8.1% Cumulative Optionally Convertible Preference Shares (“OCPS”) of Rs.10/- each.
Financial Details
The investment was made for cash at par, aggregating to ₹45 crore, through a rights issue. The aggregate investment made by JLSL in RILIPL till date is ₹166.55 crore.
Purpose of the Investment
The investment is intended to fund the business operations of RILIPL. The announcement also stated that this transaction is a related party transaction and is on an arm’s length basis.
Additional Information
RILIPL is a 50:50 joint venture between JLSL and Reliance Strategic Business Ventures Limited, a wholly owned subsidiary of Reliance Industries Limited. The company received intimation about the investment today, November 14, 2025, at 11.34 a.m.
Source: BSE