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JSW Energy raises ₹1,200 crore via NCDs

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By Press Trust of India (PTI)

1 min read | Updated on March 04, 2025, 19:19 IST

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SUMMARY

JSW Energy raised ₹1,200 crore by issuing 1,20,000 non-convertible debentures (NCDs) of ₹1 lakh each on March 4, 2025. The NCDs were allotted after the Finance Committee's approval, following a previous board resolution.

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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 ₹1 lakh each, aggregating to ₹1200 crore.

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 ₹1 lakh each, aggregating to ₹1200 crore.

JSW Energy on Tuesday, March 4, said it has raised ₹1,200 crore by issuing non-convertible debentures (NCDs) on a private placement basis.
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Earlier on January 28, the company's Board of Directors had approved a proposal to raise up to ₹3,000 crore through, inter-alia, the issuance of rated and listed Non-Convertible Debentures (NCDs) 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 ₹1 lakh each, aggregating to ₹1200 crore.

The NCDs were issued on March 4, 2025.

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Press Trust of India (PTI) is India's premier news agency.

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