Goldman Sachs offloads ₹62 Cr in Jio Financial to Morgan Stanley as stock slides 25%

Goldman sold 26.75 lakh JFS shares at ₹231.45 (1.1% discount) to Morgan Stanley Asia. The exit lands amid a 25% six-month decline and Q4 FY26 profit drop of 14% YoY to ₹272.2 Cr, even as JFS scales BlackRock and Allianz JVs.

Goldman Sachs sold ₹62 Cr of Jio Financial shares to Morgan Stanley at a 1.1% discount as JFS stock slid 25% and Q4 profit fell 14%.

Inc42 · 5/15/2026, 2:31:38 AM · Ask about this →

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