Reliance Industries’ Jio Studios has acquired a 50.1% equity stake in Sikhya Entertainment Private Limited (SEPL) for ₹150 crore. This investment aims to strengthen Jio Studios’ position in the media and entertainment sector by consolidating its content capabilities. The deal involves a combination of primary and secondary transactions and will enable both companies to co-create films and series for audiences worldwide.
Acquisition Overview
Reliance Strategic Business Ventures Limited (RSBVL), a wholly owned subsidiary of Reliance Industries Limited (RIL), finalized an agreement on February 2, 2026, to acquire a 50.1% equity stake in Sikhya Entertainment Private Limited (SEPL). The acquisition was executed through a combination of primary and secondary transactions.
Financial Details
The aggregate cash consideration for the 50.1% stake amounts to ₹150 crore. This investment will enable Jio Studios to consolidate its position in the media and entertainment sector.
Sikhya Entertainment (SEPL) Details
SEPL was incorporated on April 1, 2008. The company’s turnover for FY2024-25 was ₹69.21 crore, for FY2023-24 it was ₹64.40 crore, and for FY2022-23, it stood at ₹28.36 crore.
Strategic Rationale
The acquisition is aimed at enabling Jio Studios, the media and content arm of RIL, to further consolidate its pre-eminent position in the media and entertainment sector. Together, Jio Studios and Sikhya Entertainment plan to co-create films and series for audiences in India and worldwide.
Statements
Jyoti Deshpande, President – Jio Studios (Media & Content Business, RIL), noted that Sikhya Entertainment has consistently delivered stories that are deeply Indian yet resonate globally. This association reflects their long-term belief in partnering with creators who combine creative excellence with cultural authenticity.
Guneet Monga Kapoor and Achin Jain, Sikhya Entertainment, shared that partnering with Jio Studios allows them to take these stories to audiences around the world and empower them to champion emerging talent from across the country.
Source: BSE
