BSE has notified trading members that 25,00,00,000 (25 crore) new equity shares of Jio Financial Services Limited (Scrip Code: 543940) are listed and permitted to trade on the Exchange with effect from Monday, May 4, 2026. These shares were issued at a premium of Rs. 306.50/- per share (issue price Rs. 316.50/-) to Promoters on a preferential basis pursuant to the conversion of warrants.

Key Points

• 25,00,00,000 equity shares of Rs. 10/- each issued at a premium of Rs. 306.50/- (total issue price Rs. 316.50/-)
• Issued to Promoters on a preferential basis via conversion of warrants
• Shares rank pari-passu with existing equity shares
• Distribution numbers: 6353284189 to 6603284188
• Date of allotment: 21 April 2026
• ISIN: INE758E01017
• All 25,00,00,000 shares are subject to lock-in until 09 November 2027

Regulatory Changes

No new regulatory changes introduced. This is a standard listing notification under BSE’s listing operations framework for newly allotted securities.

Compliance Requirements

• Trading members are informed of the new securities and must update their systems to reflect the expanded share capital of Jio Financial Services Limited from May 4, 2026.
• The lock-in on all 25 crore shares must be observed until 09/11/2027; these shares cannot be traded by the allottees during the lock-in period.

Important Dates

• Allotment Date: 21 April 2026
• Trading Commencement: Monday, 4 May 2026
• Lock-in Expiry: 09 November 2027

Impact Assessment

The listing of 25 crore additional shares represents a significant increase in the total share capital of Jio Financial Services Limited. Since all newly issued shares are locked in until November 2027, there is no immediate increase in free-float or selling pressure from the promoters. However, the preferential allotment at Rs. 316.50/- signals promoter confidence and increases their stake in the company. Market participants should note the dilution effect on existing shareholders and the future unlock date of November 2027 as a potential supply event.