JSW Energy Raises Rs 1,200 Crore Via Non-Convertible Debentures
On Jan. 28, the company's board had approved a proposal to raise up to Rs 3,000 crore via the issuance of rated and listed NCDs on a private placement basis.
JSW Energy on Tuesday said it has raised Rs 1,200 crore by issuing non-convertible debentures on a private placement basis.
Earlier on Jan. 28, the company's board of directors had approved a proposal to raise up to Rs 3,000 crore through, inter-alia, the issuance of rated and listed non-convertible debentures on a private placement basis and authorising the finance committee to decide on all matters relating to the proposed issuance of the NCDs, a BSE filing stated.
According to the filing, the Finance Committee, at its meeting held on March 4, 2025, approved the allotment of 1,20,000 unsecured, rated, listed, taxable, redeemable NCDs of Rs 1 lakh each, aggregating to Rs 1200 crore.
The NCDs were issued on March 4, 2025.
Shares of JSW Energy Ltd. closed 1.70% higher at Rs 481.35 apiece on the BSE, compared to a 0.13% decline in the benchmark Sensex.
