JSW Energy issues corrigendum on ₹3,000 cr preferential issue
pre-market1 source ↓written by the desknot a recommendation
- preferential issue ahead
- ₹3,000 crore
- Meeting EGM
- 3 Jan 2026
- generation capacity
- 30 GW
- generation capacity
- 2030
JSW Energy Limited has issued a corrigendum regarding its ₹3,000 crore preferential issue ahead of the Extraordinary General Meeting (EGM) on 3 Jan 2026. The funds will be split equally between repaying borrowings from its subsidiary and investing in group companies for expansion. This move aligns with the company's goal of achieving 30 GW generation capacity by 2030.
The clarification may enhance investor confidence and support stock performance in the near term.
Not investment advice. For informational purposes only.