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The promoters will have an option to convert these into shares in one or more phases at any time within a period of 18 months from the allotment date.
Here are some of the stocks that may see significant price movement today: Mahindra & Mahindra, Tata Steel, Jio Financial, etc.
After the completion of the stated transaction, Jio Payments Bank has become a 100% subsidiary of Jio Financial Services.
Here are some of the stocks that may see significant price movement today: Jio Financial Service, Hero MotoCorp, Abbott India, etc.
The market regulator granted the registration certificate on June 10, 2025, as per a regulatory disclosure filed by Jio Financial Services with the stock exchanges.
The shares were allotted at a face value of ₹10 each, aggregating a total investment of ₹66.5 crore.
Here are some of the stocks that may see significant price movement today: UltraTech Cement, Jio Financial, Avenue Supermarts, etc.
Here are some of the stocks that may see significant price movement today: Jio Financial Services, Force Motors, Asian Paints, etc.
Originally, Jio Payments Bank was founded as a joint venture between Jio Financial Services (closely related to Reliance Industries) and SBI.
The Nifty 200 index will also undergo a major restructuring. Under the new additions shall be Motilal Oswal Financial Services.
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