JSW Energy exercises right to buy balance 26% stake in JSW Mahanadi Power
This story was originally published at 09:44 IST on 10 April 2026
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--JSW Energy exercises right to buy balance 26% stake of JSW Mahanadi Power
MUMBAI – JSW Energy Ltd. Thursday said it has exercised its right to buy the balance 26% of equity in JSW Mahanadi Power Co. Ltd., which was held by creditors. In March 2025, JSW Energy had acquired 74% stake in JSW Mahanadi Power, formerly KSK Mahanadi Power, as a part of the corporate insolvency resolution process. JSW Energy had paid a resolution amount of INR 160.84 billion last year.
At 0936 IST, shares of JSW Energy traded nearly 1% higher at INR 493.90 apiece on the National Stock Exchange. For the December quarter, the company reported a net profit of INR 4.89 billion on revenue of INR 40.82 billion. End
Reported by Prateem Rohanekar
Edited by Avishek Dutta
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