JSW Infra QIP closed; to allot 263.25 mln shares at INR 285 apiece
This story was originally published at 14:23 IST on 27 June 2026
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--JSW Infra QIP closed Thu; to allot 230 mln shrs at INR 285/shr offer price
MUMBAI – JSW Infrastructure Ltd. informed the stock exchanges late Thursday that the finance committee had approved closure of the qualified institutional placement comprising the sale of fresh equity shares and some of the promoter's stake. The committee also approved the allocation of 230 million fresh equity shares and another 33.25 million shares through an offer for sale by promoter Sajjan Jindal Family Trust at an offer price of INR 285 per share.
For the March quarter, JSW Infrastructure had reported a consolidated net profit of INR 4.18 billion on revenue of INR 15.22 billion. Thursday, its shares ended at INR 329.90 apiece on the National Stock Exchange, down 2.5% from Wednesday. The stock market was shut Friday on account of Muharram. End
Reported by Nandini Sinha
Edited by Rajeev Pai
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