RELIANCE NSE filing

Reliance's Jio Studios Acquires 50.1% Stake in Sikhya Entertainment for ₹150 Crore

The RealCase readMedium impact Positive

Reliance's Jio Studios acquired a 50.1% stake in Oscar-winning Sikhya Entertainment for ₹150 crore on February 2, 2026. This strategic move aims to deepen Jio Studios' presence in media and entertainment by co-creating films and series for global audiences. The partnership combines Jio Studios' scale with Sikhya's storytelling legacy.

Why it matters

The acquisition of a 50.1% stake in Sikhya Entertainment for ₹150 crore is a significant step for Jio Studios' content strategy, but it represents a relatively small part of Reliance Industries Limited's overall diversified business.

The market read

The acquisition is positive as it strengthens Jio Studios' position in the media and entertainment sector by acquiring a stake in an award-winning production house, enabling broader reach for Indian stories globally.

Reliance Strategic Business Ventures Limited (RSBVL), a wholly owned subsidiary of Reliance Industries Limited (RIL), acquired a 50.1% equity stake in Sikhya Entertainment Private Limited (SEPL) on February 2, 2026, for a cash consideration of ₹150 crore. This acquisition, comprising primary and secondary transactions, aims to deepen Jio Studios' position in the media and entertainment sector.

Jio Studios, RIL's media and content arm, has been instrumental in India's entertainment ecosystem, backing films with strong creative and commercial conviction. The collaboration with SEPL, an Oscar-winning production house, is expected to co-create films and series for global audiences. It brings together Jio Studios' scale, reach, and creator-focused ecosystem with SEPL's proven track record in culturally rooted and globally resonant storytelling.

Founded by Guneet Monga Kapoor and Achin Jain, Sikhya Entertainment is recognized for its global and domestic impact, having won both an Academy Award® and multiple National Film Awards. The company has a history of redefining Indian storytelling on the world stage and has been committed to discovering and championing new talent. Its multilingual slate includes acclaimed films such as The Lunchbox, Masaan, and Pagglait.

Jyoti Deshpande, President – Jio Studios, expressed enthusiasm for the partnership, highlighting Sikhya's consistent delivery of globally resonant Indian stories and RIL's long-term belief in partnering with creative excellence. Guneet Monga Kapoor and Achin Jain of Sikhya Entertainment emphasized their belief in the power of stories to connect people across cultures and expressed excitement about leveraging Jio Studios' global reach to empower emerging talent.

Filing to action

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Reliance Industries Limited filed this with the NSE as a statutory disclosure, categorised under acquisition. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.

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Primary source

A plain-language summary of a public exchange filing by Reliance Industries Limited. Read the original for the full detail.

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