2024-04-02 06:01:18 pm | Source: Reuters
India`s JSW Energy to raise $600 million via share sale
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.
($1 = 83.3992 Indian rupees)
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or
investment advice. Investments in financial markets are subject to market risks, and past performance is
not indicative of future results. Readers are strongly advised to consult a licensed financial expert or
advisor for tailored advice before making any investment decisions. The data and information presented
in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the
content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
Gujarat emerges as hub for semiconductor projects as...
FASTag Annual Pass hits 1-crore milestone: Government
India, Oman eye stronger cooperation in energy, SAF ...
FIIs stood as net sellers in equities as per Septemb...
Ekkaa Electronics (India) files draft papers with SE...
Broadband subscribers in India reach 1,101.21 millio...
Market Commentary (closing) for 28th September 2026 ...
Need to equip young people with AI skills: Dr Mansuk...
Quote on IIP by Rahul Agrawal, Principal Economist, ...
Market Round-up - 28th September 2026 by Motilal Osw...
