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.
Jio Financial invests Rs 4.95 crore in JV
