At meeting held on 16 May 2018
The Board of JSW Steel has approved the raising of long term resources through issuance of -Non Convertible Debentures with warrants convertible into equity shares of face value of Re 1 for an amount not exceeding Rs 4000 crore, inclusive of such premium as may be decided by the Board; or
Equity shares and/ or Fully Convertible Debentures / Partly Convertible Debentures / Optionally Convertible Debentures or any other Convertible Securities (other than warrants) for an amount not exceeding Rs 4000 crore, inclusive of such premium as may be decided by the Board to qualified institutional buyers by way of qualified institutions placement.
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