Corporate Action25 May 2026, 08:41 pm
JSW Energy Closes Issue, Allocates Shares at ₹525
AI Summary
JSW Energy Ltd's Finance Committee approved the closure of its issue on May 25, 2026. The committee allocated 7,61,90,476 equity shares at an issue price of ₹525 per share, a discount of ₹9.05 (1.69%) to the floor price of ₹534.05. The allocation was made to eligible qualified institutional buyers, and the placement document dated May 25, 2026, was adopted. The meeting concluded at 8:00 p.m.
Key Highlights
- JSW Energy closed its issue on May 25, 2026.
- 7,61,90,476 shares allocated at ₹525 per share.
- Issue price is at a 1.69% discount to the floor price.
- Allocation confirmation sent to qualified institutional buyers.
- Placement document dated May 25, 2026, was adopted.
Price Impact
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