Jio Financial Services Limited (“the Company”) has disclosed a strategic investment by its wholly-owned subsidiary, Jio Leasing Services Limited (JLSL). On March 25, 2026, JLSL was allotted 6,39,40,000 Cumulative Optionally Convertible Preference Shares (OCPS) of Reliance International Leasing IFSC Private Limited (RILIPL) at Rs. 10 each, aggregating to Rs. 63.94 crore. This investment, made on a rights issue basis, aims to fund the business operations of RILIPL, which is a 50:50 joint venture between JLSL and Reliance Strategic Business Ventures Limited.

The investment in RILIPL is part of a series of capital infusions by JLSL, with the aggregate investment since the previous disclosure on December 31, 2025, reaching Rs. 82.80 crore. The transaction was conducted on an arm’s length basis as a related party transaction, requiring no additional governmental or regulatory approvals. This move underscores the company’s commitment to expanding its footprint in the leasing and financial services domain through the International Financial Services Centre (IFSC) framework.

Jio Financial Services Limited, originally demerged from Reliance Industries, operates as a systemically important non-deposit-taking Core Investment Company (CIC). The company delivers a broad range of digital financial products including retail loans, insurance broking, and payment solutions through subsidiaries like Jio Finance Limited and Jio Payment Solutions Limited. In 2025, the company achieved significant milestones, including receiving SEBI registration for its joint venture with BlackRock for mutual fund and investment advisory services. Additionally, Jio Payments Bank introduced ‘Savings Pro’ and expanded its UPI cash withdrawal services to enhance its digital banking ecosystem.

For the quarter ended December 31, 2025 (Q3 FY26), the company reported a consolidated revenue from operations of Rs. 900.90 crore, marking a substantial 101% year-on-year (YoY) increase from Rs. 448.89 crore in the corresponding quarter of the previous year. However, consolidated net profit for the same period stood at Rs. 268.98 crore, reflecting an 8.75% YoY decline from Rs. 294.78 crore, primarily due to higher operating expenses aligned with business scaling. Prominent institutional investors in the company as of December 2025 include the Life Insurance Corporation of India (6.8%), Quant Mutual Fund (2.3%), and SBI Mutual Fund (1.2%).