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JSW Energy gets nod to raise Rs 10,000 crore

08 May 2024 Evaluate

JSW Energy has received approval for raising of funds not exceeding Rs 10,000 crore in one or more tranches, through the issuance of eligible securities of the Company by way of private offerings and / or on a preferential allotment basis and / or a qualified institutions placement or any other method or combination thereof as may be permitted under applicable laws, subject to such regulatory / statutory approvals, as may be required. The Board of Directors of the company at its meeting held on May 7, 2024 has, inter-alia approved the same. 

JSW Energy, part of the JSW Group, is a growing energy company. The Group has diversified interests in carbon steel, power, mining, industrial gases, port facilities, aluminium, cement and information technology.


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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