ReferIndia News Jio Financial invests Rs 4.95 crore in JV

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Jio Financial invests Rs 4.95 crore in JV

Published on: May 20, 2026, 2:04 a.m. | Source: scanx.trade

Jio Financial Services Limited invested Rs 4.95 crore in Jio Allianz General Insurance Limited, subscribing to 49,50,000 equity shares. The joint venture with Allianz Europe B.V. was incorporated on May 12, 2026, to undertake general insurance business. The company confirmed the transaction is not a related party transaction.

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