Mumbai, Feb. 3 -- Reliance Strategic Business Ventures Limited (RSBVL), a wholly owned subsidiary of Reliance Industries Limited (RIL), on February 2, 2026, acquired 50.1 per cent equity stake in Sikhya Entertainment Private Limited (SEPL), one of the most globally recognized and awarded production houses in India, through a combination of primary and secondary transactions, for a total cash consideration of Rs 150 crore.
This acquisition enables Jio Studios, the media and content arm of RIL, to further consolidate its pre-eminent position in the media and entertainment sector.
Jio Studios has played a significant role in India's entertainment ecosystem, connecting audiences globally and backing films with strong creative and commercial...
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