Committee Meeting Updates

JSW Infrastructure's Finance Committee has successfully closed its Qualified Institutions Placement (QIP). The company issued 23 crore new Equity Shares, and its promoter, Sajjan Jindal Family Trust, sold 3.325 crore Equity Shares.

All shares were allocated to eligible institutional buyers at an offer price of ₹ 285.00 per share.

This price represents a 1.84% discount (₹ 5.35 per share) compared to the floor price of ₹ 290.35. The committee also approved the final Placement Document, marking a key capital raising and shareholding adjustment event.