Jio Leasing invests ₹45 crore in Reliance International Leasing IFSC

Jio Financial Services Ltd (JFSL) announced that its subsidiary, Jio Leasing Services Ltd (JLSL), has invested ₹45 crore in Reliance International Leasing IFSC Pvt Ltd via a rights issue.

Details of the Share Allotment

JLSL subscribed to 4,50,00,000 Cumulative Optionally Convertible Preference Shares (OCPS) priced at ₹10 each, giving it an 8.1% stake in the company.

Reliance International Leasing IFSC Pvt Ltd is a 50:50 joint venture between JLSL and Reliance Strategic Business Ventures Ltd, a unit of Reliance Industries Ltd.

Total Investment So Far

With this latest subscription, JLSL’s total investment in the joint venture has now reached ₹166.55 crore.

Purpose of the Investment

The company stated that the funds will be used to support the business operations of Reliance International Leasing IFSC Pvt Ltd.
It also clarified that:

• The investment is a related-party transaction,
• It is made on an arm ’s-length basis,
• No government or regulatory approvals were required,
• No promoter or group company has any interest in this investment.
• Read More: Bank Holidays in November 2025: Check the Complete List of State-Wise Closures.

Read More: Bank Holidays in November 2025: Check the Complete List of State-Wise Closures.

Jio Financial Services Share Price Movement

Jio Financial Services share price (NSE: JIOFIN) closed at ₹315 on 14 Nov at 3:30 pm, rising 1.38% for the day. The stock opened at ₹311, touched a high of ₹315.70 and a low of ₹309.30. The company has a market cap of ₹2.01 lakh crore, a P/E ratio of 122.43, and offers a dividend yield of 0.16%. Over the past year, the stock has traded between a 52-week high of ₹347.35 and a 52-week low of ₹198.65.

Conclusion

Jio Leasing’s latest investment strengthens its partnership in the IFSC-based leasing venture, helping support future operations and growth. With the total investment now at ₹166.55 crore, the company continues to expand its presence in the financial and leasing services space.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.