Jio Financial Services Allots 19 Crore Equity Shares

  Published 9 months ago

Jio Financial Services allotted 19 crore Rs 10 shares in Jio Payments Bank, raising Rs 190 crore at par.

  • Jio Financial Services allotted 19 crore equity shares at par for Jio Payments Bank.
  • Shares priced at Rs 10 each raise Rs 190 crore for the wholly owned subsidiary.
  • Transaction strengthens Jio Payments Bank’s capital base through equity infusion.

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