Acquisitions15 Jan 2026, 03:59 pm
JSW Infrastructure Receives No Objection from Ministry of Railways for Share Purchase Agreement
AI Summary
JSW Infrastructure Ltd. has received a no objection letter from the Government of India, Ministry of Railways, for a Share Purchase Agreement (SPA) by JSW Port Logistics Private Limited (JSWPLPL) to acquire 100% of the total equity share capital of JSW Rail Infra Logistics Private Limited (JSW Rail), JSW Minerals Rail Logistics Private Limited (JSW Minerals), and JSW (South) Rail Logistics Private Limited (JSW South) from JSW Shipping & Logistics Private Limited (JSWSLPL). This decision is subject to the fulfilment of conditions precedent as set out in the SPA, including receipt of requisite approvals from the members of the Company and the Ministry of Railways.
Key Highlights
- JSW Infrastructure Ltd. receives no objection from the Ministry of Railways for the Share Purchase Agreement.
- JSW Port Logistics Private Limited to acquire 100% equity share capital of JSW Rail Infra Logistics Private Limited, JSW Minerals Rail Logistics Private Limited, and JSW (South) Rail Logistics Private Limited.
- Acquisition subject to fulfilment of conditions precedent as set out in the Share Purchase Agreement.
- Requisite approvals from the members of the Company and the Ministry of Railways are awaited.
- Acquisition to be completed upon satisfaction of all conditions and receipt of necessary approvals.