JSW Infrastructure Launches Qualified Institutions Placement with Floor Price Set at ₹ 290.35
JSW Infrastructure Limited has initiated the Qualified Institutions Placement (QIP) of equity shares, which includes an offer for sale of Equity Shares by the Promoter Selling Shareholder, Sajjan Jindal Family Trust. The company formally opened the Offer on June 22, 2026.The decision to proceed with the QIP and the associated offer for sale follows various internal approvals granted by the company. These included approval from the Board of Directors during a meeting held on February 20, 2026, and shareholder approval obtained through a special resolution passed via postal ballot on March 23, 2026.
On June 22, 2026, the Finance Committee of JSW Infrastructure Limited considered and approved key aspects related to the Offer. The committee authorized the opening of the QIP and confirmed the Floor Price for the shares. The company also adopted the preliminary placement document along with the application form associated with the Offer.
The Finance Committee designated June 22, 2026, as the relevant date for the Offer, determining the Floor Price at ₹ 290.35 per Equity Share. This pricing was determined based on the prescribed formula and regulatory requirements governing the issue of capital.
Under the terms of the placement, both JSW Infrastructure Limited and the Promoter Selling Shareholder have discretion to offer a discount of up to 5% from the calculated Floor Price for those purchasing the shares.
The Offer Price will be finalized by the Finance Committee in consultation with the book running lead managers appointed for the transaction.
JSWINFRA Stock Price Movement
Today, JSW Infrastructure Limited shares edged higher in the post-market trading session, closing at ₹307.05 after gaining 0.11%. The stock saw a volume of approximately 5.47 million shares as it finished the day.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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