Reliance Share Price Rises 4%; Acquires 50.1% Stake in Sikhya Entertainment for ₹150 Crore

Reliance Strategic Business Ventures Limited (RSBVL), a wholly-owned subsidiary of Reliance Industries Limited (RIL), has acquired a 50.1% equity stake in Sikhya Entertainment Private Limited (SEPL) for an aggregate cash consideration of ₹150 crore. 

The transaction, executed on February 2, 2026, includes both primary and secondary components. This strategic move further strengthens Jio Studios, the media and content arm of RIL, cementing its leadership in India’s media and entertainment sector.

Jio Studios’ Role in India’s Entertainment Ecosystem

Jio Studios has been instrumental in shaping India’s content landscape, producing films that combine creative excellence with commercial success. The studio has backed landmark titles such as Dhurandhar, Laapataa Ladies, and the Stree franchise, consistently creating content that resonates with large audiences. 

The collaboration with SEPL is expected to enhance Jio Studios’ scale, reach, and IP-building capabilities, fostering a creator-led ecosystem for high-quality, culturally rooted content.

Sikhya Entertainment: A Global Storytelling Force

Founded by Guneet Monga Kapoor and Achin Jain, Sikhya Entertainment has redefined Indian storytelling over the past decade. The production house is globally recognised, having won both an Academy Award® and multiple National Film Awards. 

Its Academy Award® wins include Period. End of Sentence. and The Elephant Whisperers, while National Award-winning films include Masaan, Soorarai Pottru, and Kathal. Sikhya’s focus on nurturing talent and producing multilingual, performance-driven content has positioned it as a benchmark for quality storytelling.

Collaborative Potential

The partnership between Jio Studios and Sikhya Entertainment aims to co-create films and series for audiences in India and worldwide. Leveraging Jio Studios’ distribution reach and SEPL’s storytelling expertise, the collaboration is set to deliver globally resonant content, support emerging creators, and expand India’s presence in the international entertainment ecosystem.

Reliance Industries Share Price Performance

On February 3, 2026, Reliance share price (NSE: RELIANCE) opened at ₹1,473.90, up from its previous close of ₹1,390.40. At 10:53 AM, the share price of Reliance was trading at ₹1,446.00, up by 4% on the NSE.

Also Read: Reliance Industries Delhi High Court Clears Government Appeal in $3.86 Billion PMT Gas Fields Arbitration!

Conclusion

The acquisition of Sikhya Entertainment underscores Reliance’s commitment to investing in high-quality, creator-driven content. By combining scale, vision, and creative excellence, Jio Studios and Sikhya Entertainment are poised to shape the future of India’s media and entertainment landscape.

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