JSW Infrastructure Executes Share Purchase Agreement for 100% Subsidiary Acquisition

JSW Infrastructure Ltd has executed a Share Purchase Agreement (SPA) to acquire 100% of the share capital of JSW Overseas from JSW Terminal (Middle East) FZE and JSW Overseas FZE. JSW Overseas, currently a step-down wholly owned subsidiary, will become a direct wholly owned subsidiary upon completion. The acquisition is subject to necessary approvals from relevant authorities in India and UAE. This move is expected to streamline the company's structure and consolidate ownership.