30-Oct-2026 10:28:22
JIOFINGeneral news
JIOFIN : ALLOTS 25 CR SHARES TO PROMOTER GROUP ON WARRANT CONVERSION
• Stakeholders' Relationship Committee allotted 12.5 Cr equity shares each to Sikka Ports & Terminals and Jamnagar Utilities & Power upon conversion of balance warrants • Shares allotted at face value of ₹10 each plus premium of ₹306.50 per share • Sikka Ports & Terminals holding up 2.93% to 4.65%; Jamnagar Utilities & Power up 3.84% to 5.52% • Promoter and promoter group holding rises to 50.98% from 49.13% • Paid-up equity shares increase to 685.31 Cr from 660.31 Cr post-allotment Impact: Neutral (promoter group stake crosses 50% via warrant conversion, no fresh external capital raised)
Jio Financial Services Limited
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