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Jio Financial Services Ltd has announced an investment of ₹460 million to fund Reliance International Leasing IFSC Pvt Ltd (RILIPL) operations. Additionally, Jio Leasing Services has subscribed to 46 million optionally convertible preference shares (OCPS) of RILIPL. These moves strengthen Jio’s leasing and financial services ecosystem, enhancing operational and strategic growth.
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Jio Financial Services Ltd has disclosed a significant investment of ₹460 million to support the operations of Reliance International Leasing IFSC Pvt Ltd (RILIPL). This funding underscores Jio’s commitment to expanding its footprint in financial services and leasing solutions, aligning with its broader vision of integrated financial growth.
In parallel, Jio Leasing Services has subscribed to 46 million optionally convertible preference shares (OCPS) of RILIPL. The subscription provides flexibility in capital structuring and strengthens RILIPL’s financial base, enabling it to scale operations and pursue new opportunities in international leasing markets.
Key Highlights
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Investment: ₹460 million infused into RILIPL operations by Jio Financial.
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Subscription: Jio Leasing Services acquires 46 million OCPS of RILIPL.
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Strategic Objective: Strengthen leasing and financial services ecosystem.
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Operational Impact: Enhanced capital support for RILIPL’s growth trajectory.
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Future Outlook: Positions Jio Financial to capture opportunities in global leasing and financing.
These developments highlight Jio Financial’s proactive approach to capital deployment and strategic expansion in the financial services sector.
Sources: Jio Financial Services Ltd
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