Jio Financial Services Ltd (JFSL), the financial services arm of Reliance Industries Ltd (RIL), will be listed on stock exchanges on August 21, according to a BSE circular. In a filing to stock exchanges, JFSL said it has received approval from the BSE and NSE .
Reliance had spun off JFS on July 20, with its stock price set at a much higher-than-expected Rs 261.85, valuing it at around Rs 1.66 lakh crore or $20 billion in a special trading session.
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