Trading Symbol: JIOFIN

Target Entity: Jio Allianz General Insurance Limited

Type of Deal: Equity investment in joint venture company via rights issue

Stake/Capacity: 50:50 Joint Venture between Jio Financial Services Limited and Allianz Europe B.V.

Deal Value: ₹320.05 crore total investment (₹320.05 crore from Jio Financial Services Limited and matching ₹320.05 crore from Allianz Europe B.V.)

Funding Source: Cash investment at par value

Financial Impact:

  • Company subscribed to and allotted 32,00,50,000 equity shares of ₹10 each
  • Aggregate investment by Jio Financial Services Limited in the JV now stands at ₹375 crore
  • Funds will be utilized by Jio Allianz General Insurance Limited to fund its business operations

Timeline: Investment was made at 2:42 PM on September 30, 2026

Strategic Rationale: Funding business operations of the insurance joint venture

Approval Status: No governmental or regulatory approval required for this transaction

Additional Details:

  • This is a related party transaction conducted on an arm's length basis
  • None of the Company's promoter/promoter group/other group companies have any interest in this investment
  • This disclosure is made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Follows previous disclosure dated May 19, 2026