Jio Financial Services Limited has announced that its broking joint venture, Jio BlackRock Broking Private Limited (JBBPL), has received a certificate of registration from the Securities and Exchange Board of India (SEBI) to operate as a stockbroker and clearing member.
In a regulatory filing on June 27, 2025, the company stated that the SEBI registration was granted on June 25, 2025. Jio Financial Services received the formal intimation from JBBPL on June 26, 2025, at 11:09 AM.
This development follows earlier disclosures made by the company on April 15, 2024, and January 21, 2025, regarding the progress of its broking business partnership with BlackRock.
Jio BlackRock Broking Private Limited will now be able to offer stockbroking and clearing services in India’s capital markets, strengthening Jio Financial Services’ position in the financial services sector.
The company stated that this update is in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
