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Jio Financial Services incorporates wholly owned subsidiary

The company will invest an amount of Rs 1 crore towards initial subscription of 10,00,000 equity shares of face value of Rs 10 each of JAIML

Jio Financial Services (JFSL) has incorporated a wholly owned subsidiary (WOS) named ‘Jio Alternative Investment Manager’ (JAIML), having its registered office at Mumbai, on January 23, 2026, to act as an investment manager to the Alternative Investment Fund to be set up by the Company subject to regulatory approvals, in terms of SEBI (Alternative Investment Funds) Regulations 2012. The company will invest an amount of Rs 1 crore towards initial subscription of 10,00,000 equity shares of face value of Rs 10 each of JAIML.

Jio Financial Services (JFSL) operates its financial services business through its consumer facing subsidiaries namely Jio Finance (JFL), Jio Insurance Broking (JIBL) and Jio Payment Solutions (JPSL) and joint venture namely Jio Payments Bank (JPBL).