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The Board of Directors of JSW Energy Limited allots 10,30,92,783 equity shares under QIP issuance.
On April 5, 2024, the Board of Directors of JSW Energy Limited approved allotment of 10,30,92,783 equity shares to 97 eligible institutional buyers at an issue price of Rs 485 per equity share (inclusive of discount of Rs 25.09 per equity share). 4.92% of the minimum price determined as per SEBI ICDR regulations) will be applied to the minimum price. That is, applying a premium of Rs 475 per equity share, the total comes to Rs 49,99,99,99,755 (Rs 4,990). 9 Crores 99 Lakhs 99 1755), depending on the issue.
This issue opened on April 2, 2024 and ended on April 5, 2024 and the same has been communicated to you by letters dated April 2, 2024 and April 5, 2024 respectively.
Following the allotment of the issued shares, the paid-up capital of the company increased from Rs 16,44,67,56,680 to Rs 17,47,76 comprising 164,46,75,668 equity shares. 84,510 shares consisting of 1,74,77,68,451 shares. The shareholding pattern of the company before and after issuance is submitted along with the listing application in the format specified in Rule 31 of the SEBI Listing Rules.