IANS | 02 Apr, 2024
Billionaire Sajjan Jindal-led group company JSW Energy said on
Tuesday that its board of directors has approved a proposal to raise Rs
5,000 crore via the sale of shares to institutional investors.
The share sale could be done in one or more tranches subject to
regulatory approvals as may be required and the Board has authorised the
company’s Finance Committee to take all the necessary decisions in this
regard, JSW Energy said in its filing with the stock exchanges.
The
company has also submitted its unaudited condensed consolidated interim
financial statements for the nine-month period ended 31st December 2023
and 31st December 2022 together with the limited review report as part
of the disclosure documents in relation to the Issue.
