Mumbai, Feb. 3 -- Reliance Strategic Business Ventures (RSBVL), a wholly owned subsidiary of Reliance Industries (RIL), on 2 February 2026, acquired 50.1% equity stake in Sikhya Entertainment (SEPL), one of India's most globally recognised and awarded production houses, through a combination of primary and secondary transactions, for an aggregate 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.
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