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Big talk about Jio Financial Services after the market closed, deadline extended for removal from the exchange
Jio Financial Services Share: A big deal has come about Reliance Industries' Financial Services Limited despite the market closing today. Jio Financial Services Limited was listed on the market on Monday. The company's shares were trading with a decline for two days. After this, BSE has decided that if there is a similar decline, the shares of the company will be removed from the exchange.
After the closing of the stock market today, there has been a big deal regarding the stock of Jio Financial Services Limited. Let us tell you that the shares of Jio Financial were listed in the market on Monday. It is a demerged non-banking financial services unit from Reliance Group.
The company's shares were trading with a decline for two consecutive days. In such a situation, BSE had decided that it would delist the shares of the company from the exchange on 24 August. Now as per the new update BSE has postponed the delisting from the indices till 29th August. Let us tell you that even today the stock of the company had reached the lower circuit.
AIPL (Asia Index Private Ltd) is aware of the recent lower circuit hit for JFSL. Since the stock of Jio Financial Services Ltd. has hit the lower circuit limit on two consecutive days i.e. Monday, August 21, and Tuesday, August 22. Because of this, the Index Committee has decided to postpone it. According to a BSE circular, JFSL will be delisted from all S&P BSE indices for the next three days.
