JSW Infrastructure seeks approval for ₹1,212 crore acquisition
pre-market1 source ↓written by the desknot a recommendation
- acquisition
- ₹1,212 crore
- in three specialized
- 100% equity stake
JSW Infrastructure Limited is seeking shareholder approval via a postal ballot for a ₹1,212 crore acquisition in the rail logistics sector. The deal involves its wholly-owned subsidiary, JSW Port Logistics, acquiring a 100% equity stake in three specialized rail logistics companies from JSW Shipping Logistics.
This acquisition could significantly enhance JSW's logistics capabilities, potentially impacting its operational efficiency and market position in the logistics sector.
Not investment advice. For informational purposes only.