JSW Infrastructure Appoints Mr. Kartick Maheshwari as Independent Director and Plans to Raise Equity Funds

JSW Infrastructure Ltd. has appointed Mr. Kartick Maheshwari as an Additional Director designated as an Independent Director for a term of 3 consecutive years, subject to approval of the Members of the Company. The Company also plans to raise funds through issuance of up to 25,00,00,000 (Twenty-Five Crore) Equity Shares of face value of Rs. 2/- each, through one or more of following modes viz. Qualified Institutional Placement, Further Public Offer, Rights Issue or through any other permissible mode. The funds raised will support the Company’s multi-year expansion program and enable compliance with SEBI’s Minimum Public Shareholding requirement.