JSW Energy rises on executing definitive agreements to acquire additional stake in TJPS
JSW Energy is currently trading at Rs. 533.90, up by 0.85 points or 0.16% from its previous closing of Rs. 533.05 on the BSE.
The scrip opened at Rs. 535.05 and has touched a high and low of Rs. 535.05 and Rs. 526.55 respectively. So far 41499 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 588.35 on 29-Apr-2026 and a 52 week low of Rs. 428.00 on 27-Jan-2026.
Last one week high and low of the scrip stood at Rs. 588.35 and Rs. 505.30 respectively. The current market cap of the company is Rs. 93575.81 crore.
The promoters holding in the company stood at 69.41%, while Institutions and Non-Institutions held 24.07% and 6.52% respectively.
JSW Energy has executed definitive agreements to acquire an additional equity stake in Toshiba JSW Power Systems (TJPS), by way of a secondary purchase of equity shares from Toshiba Corporation, Japan. Post-acquisition, the company’s shareholding in TJPS shall increase to 20.7% on non-diluted basis and 10.7% on fully diluted basis.
The company has set a target to reach 30 GW capacity by FY 2030, with the Thermal Capacity expected to raise to 10,658 MW by FY 2030 from current installed capacity of 5,658 MW. The acquisition of additional equity stake in TJPS would strengthen the company’s access to steam turbine generators, enhance supply chain resilience, and support its thermal capacity expansion.
The transaction is expected to be completed on or before June 15, 2026, subject to fulfilment of the conditions under definitive agreements. The total purchase price of acquired shares is Rs 150 crore.
