New Delhi: Reliance Industries Ltd (RIL) on Tuesday said its media and content arm, Jio Studios, will deepen its push into premium storytelling after Reliance Strategic Business Ventures Ltd (RSBVL) acquired a 50.1% stake in Sikhya Entertainment Private Limited for an aggregate cash consideration of ₹150 crore.
The transaction was completed on February 2, 2026 through a mix of primary and secondary deals.
Sikhya Entertainment is among India’s most globally recognised production houses and the only Indian banner to have won both an Academy Award and multiple National Film Awards. The acquisition is expected to strengthen Jio Studios’ pipeline of films and series aimed at audiences in India and overseas, as Reliance sharpens its focus on building enduring intellectual property in the media and entertainment space.
Jio Studios has, over the past few years, emerged as a major force in the country’s content ecosystem, backing commercially successful and critically acclaimed titles such as Dhurandhar, Laapataa Ladies and the Stree franchise.
The company said the partnership will combine Jio Studios’ scale, distribution reach and long-term capital with Sikhya’s track record of culturally rooted, globally resonant storytelling.
Founded by Guneet Monga Kapoor and Achin Jain, Sikhya’s portfolio includes internationally recognised titles such as The Elephant Whisperers and Period. End of Sentence., along with National Award-winning films like Masaan, Soorarai Pottru and Kathal. The production house is also known for backing new filmmakers and performance-driven narratives across languages.
Reliance said the investment will allow both partners to co-create films and series for domestic and global markets, as India’s media and entertainment sector sees intensifying competition for premium content and creator-led franchises. The company did not disclose further financial details beyond the consideration value.