Business | JIO Financial Services Company separated from Reliance Industries Limited

Pic Source – Navabharat Mumbai: According to media reports, its financial services company Jio Financial Services (JFS) separated from the country’s largest company Reliance Industries Limited (RIL) on Thursday. The price of JFS i.e. Jio Financial Services was fixed through a special session of the stock market, which was Rs 261.85/share. With this, the share price of Reliance Industries declined from Rs 2841.85 to Rs 2580 per share. Till Thursday evening, Reliance Industries shares were trading at Rs 2,611.05, up 1.20%. Shareholders of Reliance Industries got one share of ZFS for every share held.