JSW Infra Promoters Plan ₹1,200 Crore Stake Sale for Regulatory Compliance

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The Sajjan Jindal Family Trust plans to sell up to ₹1,200 crore worth of shares in JSW Infrastructure through a block deal to comply with SEBI’s minimum public shareholding norms. Currently holding an 80.72% stake, the trust aims to reduce its holding by up to 2% in one or more tranches by March 2026, ensuring the company’s public float meets the required 25% threshold. The floor price for the offer is set at ₹288 per share, with approximately 42 million shares on offer.

This move aligns with JSW Infrastructure’s broader strategy to fund a ₹39,000 crore capital expenditure plan over the next five years, focusing on port expansions and logistics projects. The company, which went public in October 2023, has seen its stock appreciate by 18% since listing.

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