JSW Steel to sell JSW One Platforms shares worth ₹811 Cr in IPO

JSW Steel's Board of Directors has approved the company's participation as a Promoter Selling Shareholder in the proposed Initial Public Offering (IPO) of its subsidiary, JSW One Platforms Limited (JOPL). JSW Steel plans to offer for sale equity shares of JOPL aggregating up to ₹811 Crores. The final price and details of the IPO will be determined later, subject to market conditions and regulatory approvals. For FY26, JOPL contributed ₹90 crores (0.35%) to JSW Steel's consolidated net profit and had a net worth impact of ₹68 crores (0.06%) on JSW Steel's consolidated net worth as of March 31, 2026. This offer for sale is not considered a related party transaction.