Jio Financial Services Limited has submitted its Monitoring Agency Report for the quarter ended December 31, 2025. The report, issued by CRISIL Ratings Limited, confirms that the utilization of proceeds from the Preferential Issue (PI) has been in line with the disclosures made in the offer document.

The Preferential Issue, which involved the issuance of up to 50 crore warrants at ₹316.50 per warrant, aggregated to ₹15,825.00 crore. The primary objective of this issue was to facilitate investment into existing and new subsidiaries and joint ventures.

As of December 31, 2025, the company had received ₹3,956.25 crore, representing 25% of the issue size. Of this, ₹1,089.99 crore has been utilized towards the infusion of funds into subsidiaries/joint ventures, with ₹266.19 crore utilized during the quarter. The remaining 75% of the proceeds, amounting to ₹11,868.75 crore, is expected to be received upon the conversion of warrants by holders, which can occur up to March 2027.

The report explicitly states "No" for any deviation from the objects and confirms that all utilization is as per the offer document. The company has also provided details on the deployment of unutilized proceeds, which are invested in various mutual funds, yielding a total return of ₹59.42 crore during the quarter.