JSW Energy Approves Preferential Issue, ₹10,000 Crore Fundraise and New CFO Appointment
JSW Energy’s Board has approved a preferential issue of equity shares and warrants to promoter group entity JTPM Metal Traders, a fundraise of up to ₹10,000 crore, and appointed Chandrasekaran Prabhakaran as CFO effective 1 January 2026.
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On 12 December 2025, JSW Energy Limited's Board of Directors approved a preferential issue of 95,23,809 equity shares and 4,76,19,047 convertible warrants to JTPM Metal Traders Limited within the promoter group target for approximately ₹500 crores and ₹2500 crores respectively, each equity share being issued at a price of ₹525 and ₹515 being the premium for the warrants with warrants to one equity share that can be converted within 18 months of issuance,
However, the Board will raise funds for up to ₹10,000 crores from all eligible security offerings from the private placements and QIPs or otherwise upon receiving approval from the respective authorities and shareholders for their proposed fundraising activities through the proposed share offerings.
Shareholder approval for these proposed share offerings will be sought at an upcoming Extraordinary General Meeting. Mr. Chandrasekaran Prabhakaran has been appointed as Chief Financial Officer starting from 01 January 2026 to fill in for the retired Director (Finance). The Board Meeting began at 11:30 am and finished at approximately 2pm, and the details on this announcement and the attachments are available on the company's website.