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STOCKS-MARKETS-ECONOMIC TIMES · COMPANIES ·

JSW Infrastructure launches Rs 7,500 crore QIP, to fund capex, repay debt

As reported by Stocks-Markets-Economic Times
JSW Infrastructure has launched a Rs 7,503 crore QIP to fund expansion projects, reduce debt and pursue strategic acquisitions. The institutional share sale, priced at a discount to the market price, is expected to strengthen the company's balance sheet and support the next phase of growth in ports and logistics.
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JSW Infrastructure has launched a substantial Rs 7,503 crore Qualified Institutional Placement. This fundraising is intended to finance crucial expansion projects, mitigate existing debt, and enable strategic acquisitions. The QIP, offered at a market discount, is expected to…

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