Jio Financial Services Limited and BlackRock have made significant investments in their joint ventures, Jio BlackRock Investment Advisers Private Limited and Jio BlackRock Asset Management Private Limited. These investments are aimed at bolstering the business operations of these ventures.
On December 10, 2025, Jio Financial Services and BlackRock each subscribed to 9,35,00,000 equity shares of Jio BlackRock Investment Advisers Private Limited.
The face value of each share is ₹10, with the total investment amounting to ₹93.50 crore. This transaction was executed on a rights issue basis and is considered a related party transaction conducted at arm's length.
The joint venture will utilise this capital to support its business operations. Importantly, no promoter or group company of Jio Financial Services has any interest in this investment, and no governmental or regulatory approvals were necessary for the transaction.
In a parallel move, Jio Financial Services and BlackRock also invested in Jio BlackRock Asset Management Private Limited. Each party subscribed to 13,60,00,000 equity shares, with a face value of ₹10 per share, totalling an investment of ₹136 crore.
Similar to the previous transaction, this was also a rights issue and a related party transaction at arm's length.
The funds raised will be directed towards enhancing the joint venture's business operations. As with the previous investment, there is no involvement from the promoter group of Jio Financial Services, and no regulatory approvals were required.
Read More: JioBlackRock Arbitrage Fund NFO Opens Today, December 9!
As of December 11, 2025, at 9:17 AM, Jio Financial Services share price on NSE was trading at ₹290.55 down by 0.10% from the previous closing price.
Jio Financial Services and BlackRock's investments in their joint ventures underscore their commitment to strengthening business operations. These transactions, conducted on December 10, 2025, highlight strategic financial moves aimed at enhancing the capabilities of Jio BlackRock Investment Advisers Private Limited and Jio BlackRock Asset Management Private Limited.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Dec 11, 2025, 11:00 AM IST
Team Angel One
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