Jio Financial Services has successfully credited shares to the demat accounts of eligible shareholders, marking a significant milestone in its journey. The company has taken a crucial step forward by applying for listing on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
However, it’s worth noting that the allotted equity shares will remain frozen in the depository system until the listing permission is granted by BSE Ltd. This procedural requirement ensures regulatory compliance and safeguards the interests of shareholders.
As Jio Financial Services prepares for its listing debut, shareholders and market participants eagerly anticipate the next steps in this exciting development.
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