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News1812-12-2025, 16:00

JSW Energy board okays Rs 10,000 cr fundraise, appoints CFO.

  • JSW Energy's board approved raising up to Rs 10,000 crore via securities offerings, including private placements and QIPs.
  • The company will issue 95,23,809 equity shares to JTPM Metal Traders Ltd (Promoter Group) at Rs 525 per share.
  • Additionally, 4,76,19,047 warrants will be issued to JTPM, each convertible into one equity share at Rs 525.
  • These fund-raising proposals are subject to shareholder and regulatory approvals.
  • Chandrasekaran Prabhakaran was appointed as the new Chief Financial Officer, effective January 1, 2026.

Why It Matters: JSW Energy's large fundraise signals significant future growth and investment plans.

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