Investment20 Feb 2026, 05:13 pm
JSW Infrastructure Approves Equity Shares Issuance and Appoints New Independent Director
AI Summary
JSW Infrastructure Ltd. held a Board Meeting on 20th February, 2026, where they approved the issuance of up to 25,00,00,000 Equity Shares through permissible modes of raising funds. The funds will support the company's expansion program and comply with SEBI's Minimum Public Shareholding requirement. The Board also approved the appointment of Mr. Kartick Maheshwari as an Additional Director designated as Independent Director for a term of 3 consecutive years, subject to approval of the Members of the Company.
Key Highlights
- JSW Infrastructure approved the issuance of up to 25,00,00,000 Equity Shares through permissible modes of raising funds.
- The funds raised will support the company's multi-year expansion program and enable compliance with SEBI's Minimum Public Shareholding requirement.
- Mr. Kartick Maheshwari was appointed as an Additional Director designated as Independent Director for a term of 3 consecutive years.
- Mr. Maheshwari is a senior partner at Khaitan & Co., with 20+ years of experience in corporate law and bankruptcy.
- His appointment is subject to approval of the Members of the Company.