JSW Energy to raise $600 million via share sale to institutional investors
The share placement could be done in one or more tranches, the energy arm of JSW Group said in an exchange filing
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JSW Energy's shares closed 4.6% higher ahead of the fundraise news.
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Power producer JSW Energy said on Tuesday it will raise up to 50 billion rupees ($599.5 million) by selling shares to institutional investors.
The share placement could be done in one or more tranches, the energy arm of JSW Group said in an exchange filing.
JSW Energy's shares closed 4.6% higher ahead of the fundraise news.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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Topics : JSW Energy energy sector Stake sale
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First Published: Apr 02 2024 | 5:55 PM IST