Jio Financial Services Allots 19 Crore Equity Shares

  Published 11 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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