Jio Financial Services543940JV deal update
Jio Financial invests Rs. 320.05 crore in 50:50 JV Jio Allianz General Insurance via rights issue
- JV Structure
- 50:50 joint venture between Jio Financial Services and Allianz Europe B.V.
- Target Entity
- Jio Allianz General Insurance Limited
- Current Investment
- 32,00,50,000 equity shares of Rs. 10/- each aggregating Rs. 320.05 crore
- Aggregate Investment Till Date
- Rs. 375 crore
- Funding Method
- Rights issue subscription for cash at par
Jio Financial invests Rs. 320.05 crore in 50:50 JV Jio Allianz General Insurance via rights issue.
Earlier disclosure
Investment date at 2.42 p.m
Also from Jio Financial Services
Executives Participated in J.P. Morgan India Financials Tour
24 Sep 2026
More numbers
- Shares subscribed32,00,50,000 equity shares
- Face value per shareRs. 10/- each
- Investment amountRs. 320.05 crore
- Aggregate investment in JV till dateRs. 375 crore
- ConsiderationRs. 320.05 crore
Source: BSE · 30 Sep 2026
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