JSW Energy has sold 25 million equity shares of JSW Steel for approximately ₹3,150 crore through a bulk deal on the National Stock Exchange.
According to a regulatory filing, the transaction involved the divestment of 2.5 crore equity shares with a face value of Re 1 each on May 18 as part of the company’s strategic liquidity management plan.
Following the transaction, JSW Energy continues to hold 4,50,38,350 equity shares in JSW Steel.
The company stated that the partial monetisation of its investment in JSW Steel is aimed at releasing capital to support future growth initiatives while improving return on capital employed (ROCE).
JSW Energy said the move aligns with its broader strategy of disciplined capital allocation and long-term shareholder value creation.
The transaction comes at a time when large Indian conglomerates are increasingly restructuring holdings and unlocking liquidity to support expansion plans across energy, infrastructure, and manufacturing businesses.
Both JSW Energy and JSW Steel are part of the diversified JSW Group, which operates across sectors including steel, energy, cement, infrastructure, and paints.
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