) has infused ₹147.45 crore into its joint venture Allianz Jio Reinsurance Limited, reinforcing its push into the reinsurance segment. The company subscribed to 14.74 crore equity shares priced at a par value of ₹10 per share, taking its total investment in the venture to ₹150 crore. The capital infusion is aimed at supporting the operational expansion of the reinsurance business, which combines Jio Financial’s digital ecosystem and domestic market reach with Allianz’s global underwriting expertise. The transaction was executed as a related-party deal on an arm’s-length basis and does not require any additional regulatory approvals.

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