JSW Infrastructure raises ₹75 billion through QIP
pre-market1 source ↓written by the desknot a recommendation
- through a qualified
- ₹75 billion
JSW Infrastructure Limited successfully raised ₹75 billion through a qualified institutions placement (QIP), marking a significant milestone as India's first QIP with both a fresh issue and an offer for sale. The Sajjan Jindal Family Trust participated as a selling shareholder, helping meet public shareholding requirements while securing fresh capital. This move strengthens JSW Infrastructure's position as a leading player in the ports and logistics sector.
Not investment advice. For informational purposes only.