Reliance’s Jio Studios’ acquires 50.1% stake in Sikhya Entertainment
Reliance Industries Limited on Tuesday said its wholly owned subsidiary, Reliance Strategic Business Ventures Limited (RSBVL), has acquired a 50.1% equity stake in Sikhya Entertainment Private Limited for an aggregate cash consideration of Rs 150 crore.
The acquisition, completed on February 2, 2026, was carried out through a combination of primary and secondary transactions and is aimed at strengthening Jio Studios’ position in India’s rapidly evolving media and entertainment sector.
