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JSW Energy informs about allotment

06 Apr 2024 Evaluate
JSW Energy has informed that in respect of the Issue which opened on 2nd April, 2024 and closed on 5th April, 2024, the Finance Committee of the Board at its meeting held today, 5th April, 2024, approved the issue and allotment of 10,30,92,783 Equity Shares to 97 qualified institutional buyers at the issue price of ? 485 per Equity Share, (which includes a discount of ? 25.09 per Equity Share (4.92% of the floor price, as determined in terms of the SEBI ICDR Regulations) to the floor price, at a premium of ? 475 per Equity Share, aggregating to ? 49,99,99,99,755 (Rupees Four Thousand Nine Hundred Ninety Nine Crores Ninety Nine Lakhs Ninety Nine Thousand Seven Hundred Fifty Five), pursuant to the Issue. Further, it attached the list of allottees who have been allotted more than 5% of the Equity Shares offered in the Issue, marked as Annexure 1.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
NTPC 327.00
Tata Power 366.85
Adani Power 207.00
Power Grid Corpn. 266.00
Adani Energy Solut. 1392.00
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