Elpro International Limited (BSE:504000) acquired additional 7.43% stake in Jio Financial Services Limited (NSEI:JIOFIN) for INR 31 million on August 25, 2023. Elpro International paid INR 31 million in cash to shareholder of Jio Financial Services. Elpro International acquired 0.15 million shares which represent 7.43% stake in Jio Financial Services. Post-acquisition, Elpro International ownership increased to 10.25% stake in Jio Financial Services.

Elpro International Limited (BSE:504000) completed the acquisition of additional 7.43% stake in Jio Financial Services Limited (NSEI:JIOFIN) on August 25, 2023.