Jio Financial Services Incorporates Wholly Owned Subsidiary for AIF Management
Mumbai, January 24, 2026: Jio Financial Services Limited has informed the stock exchanges about the incorporation of a wholly owned subsidiary, named Jio Alternative Investment Manager Limited (JAIML), in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The subsidiary was incorporated on January 23, 2026, with its registered office in Mumbai, and will act as an investment manager to an Alternative Investment Fund (AIF) proposed to be set up by the Company, subject to receipt of necessary regulatory approvals under the SEBI (Alternative Investment Funds) Regulations, 2012.
As part of the initial capitalization, Jio Financial Services will invest ₹1 crore by subscribing to 10,00,000 equity shares of face value ₹10 each in JAIML. The Company clarified that the transaction does not qualify as a related party transaction, and that none of its promoters, promoter group entities, or group companies have any interest in the newly incorporated subsidiary.
The Certificate of Incorporation for Jio Alternative Investment Manager Limited was received electronically from the Ministry of Corporate Affairs at approximately 5:45 PM (IST) on January 23, 2026. The Company further stated that no governmental or regulatory approvals are required for the investment in the subsidiary at this stage.
Jio Financial Services emphasized that the disclosure is being made for information and record purposes in compliance with applicable regulatory requirements.