JSW Infrastructure enables equity raise framework to fuel growth and achieve Minimum Public Shareholding Compliance

The Board of Directors of JSW Infrastructure Limited ("the Company" or "JSWIL"), has approved an enabling equity fund-raise resolution, subject to requisite shareholder and regulatory approvals. The proposed equity issuance will support the Company's multi-year expansion program and enable compliance with SEBI's Minimum Public Shareholding (MPS) requirement.

The Company will issue up to 25 crore equity shares of face value of ₹2 per share. As per SEBI regulations, the Company is required to achieve 25% public shareholding within three years from its Initial Public Offering (IPO). JSW Infrastructure Limited was listed on 3rd October 2023, marking a milestone entry into the public markets that positioned it among India's most compelling growth stories in the ports and logistics sector.

The Company is executing a ₹39,000-crore integrated capex plan across ports and logistics, targeting a scale-up of port capacity from 177 MTPA to 400 MTPA by FY2030 through brownfield expansions, connectivity projects and greenfield developments in Odisha, Karnataka, Maharashtra and Oman. In parallel, the Company is investing ₹9,000 crore to build a fully integrated ports-to-hinterland logistics ecosystem-which forms an integral part of the overall ₹39,000-crore capex programme.

The Company maintains a strong balance sheet with Net Debt-to-EBITDA at just 0.76x and Cash & Bank Balances of ₹3,455 crore as of 31st December 2025. JSWIL is rated investment grade by Fitch and S&P, along with strong domestic ratings, underscoring its exceptional credit strength and long-term financial resilience.

As previously guided, the Company is on a strong growth trajectory, with operating EBITDA expected to double by FY28 (from FY26) to reach ~₹5,000. This outlook is underpinned by clear execution visibility across the under-construction Projects in the Ports segment and the transition of rolling assets from capex to EBITDA contribution within the Logistics segment.

Speaking on the development, Mr. Rinkesh Roy, JMD & CEO, JSWIL, said, "The fund-raising initiative marks a pivotal step in the Company's journey to build a world-class ports and logistics ecosystem for India. Beyond supporting our growth projects and strengthening our national footprint, it will also enable us to meet the Minimum Public Shareholding requirement within the mandated timeline. This underscores our commitment to governance excellence, deeper market participation, and long-term value creation as we shape the country's future maritime trade and logistics landscape."

Shares of JSW Infrastructure Limited was last trading in BSE at Rs. 253.00 as compared to the previous close of Rs. 252.70. The total number of shares traded during the day was 39469 in over 1103 trades.

The stock hit an intraday high of Rs. 255.15 and intraday low of 252.20. The net turnover during the day was Rs. 10017337.00.

Source : Equity Bulls

Keywords

JSWInfrastructure INE880J01026 PortServices FundRaisingProposal MinimumPublicShareholding