BSE on Tuesday announced the postponement of the removal of Jio Financial Services Ltd from all S&P BSE Indices from August 24 to August 29 after the stock hit the lower circuit for two days in a row.
In a circular, BSE said, "Asia Index Private Limited recently announced via Notice No: 20230818-21 that effective before the open of trading on Thursday, August 24, 2023, Jio Financial Services Ltd will be removed from all the S&P BSE Indices following its listing on Monday, August 21, 2023, due to its spin-off from its parent, Reliance Industries."