Latest news with #JioBlackRockBrokingPrivateLimited
Time of India
a day ago
- Business
- Time of India
Jio Financial shares surge nearly 5% after Sebi greenlights Jio BlackRock broking business
Synopsis Jio Financial Services shares surged 4.36% to Rs 326.65, fueled by SEBI's approval for Jio BlackRock Broking Private Limited to operate as a stockbroker and clearing member. This registration, granted on June 25, 2025, allows JFS to expand its capital market presence, offering broking and clearing services.
Business Upturn
a day ago
- Business
- Business Upturn
Jio Financial Services announces SEBI stockbroker license approval for Jio BlackRock Broking
By Aditya Bhagchandani Published on June 27, 2025, 10:42 IST Jio Financial Services Limited has announced that its broking joint venture, Jio BlackRock Broking Private Limited (JBBPL), has received a certificate of registration from the Securities and Exchange Board of India (SEBI) to operate as a stockbroker and clearing member. In a regulatory filing on June 27, 2025, the company stated that the SEBI registration was granted on June 25, 2025. Jio Financial Services received the formal intimation from JBBPL on June 26, 2025, at 11:09 AM. This development follows earlier disclosures made by the company on April 15, 2024, and January 21, 2025, regarding the progress of its broking business partnership with BlackRock. Jio BlackRock Broking Private Limited will now be able to offer stockbroking and clearing services in India's capital markets, strengthening Jio Financial Services' position in the financial services sector. The company stated that this update is in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
