ImportantCommittee Meeting Updates

JSW Infrastructure has announced its Qualified Institutions Placement (QIP) is now open.

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JSW Infrastructure LimitedJSWINFRA · Filed with the exchange

Following prior board and shareholder approvals, the Finance Committee authorized the Offer's opening and set the Floor Price at ₹ 290.35 per Equity Share.

This QIP includes a fresh issue of shares and an offer for sale by the promoter selling shareholder.

The company and promoter may offer a discount of up to 5% on the Floor Price.

The final Offer Price will be determined in consultation with lead managers.

This move helps the company raise capital and adjusts shareholding structure.

Read the original filing(PDF)

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