StockWatch
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Power Generation
Board Meeting28 Oct 2026, 03:28 pm

JSW Energy Board Approves ₹5,000 Cr Fund Raise

AI Summary

JSW Energy's Board of Directors has approved the raising of long-term funds up to ₹5,000 crores through the issuance of rated and listed Non-Convertible Debentures on a private placement basis. The Board also approved the raising of funds not exceeding ₹6,000 crores, being the unutilised portion of a previously approved limit, through eligible securities via private offerings or preferential allotment. Additionally, the Board approved the Unaudited Standalone and Consolidated Financial Results for the quarter and half-year ended September 30, 2026, along with the limited review reports. Mr. Chandrasekaran Prabhakaran was appointed as an Additional and Whole-time Director designated as Director (Finance) for a term of 5 years, subject to member approval.

Key Highlights

  • Board approved raising up to ₹5,000 Cr via NCDs.
  • Further fund raise of up to ₹6,000 Cr approved.
  • Unaudited financial results for Q2 FY27 declared.
  • Mr. Chandrasekaran Prabhakaran appointed Director (Finance).
  • Appointment is for a 5-year term, subject to member approval.