fintech / news / / Moneycontrol
Indian ports operator JSW Infrastructure Ltd. is preparing to raise as much as 80 billion rupees ($850 million) The company has selected four investment banks to manage the offering.
JSW Infrastructure plans to raise up to 80 billion rupees via institutional share sale next month.
KEY POINTS
- The company has appointed JM Financial, HSBC, DAM Capital, and Jefferies to manage the offering.
- The fundraise helps JSW Infrastructure move toward the 25% minimum public shareholding required within three years.
- JSW Infrastructure was listed on the stock exchange in October 2023.
COMPANIES
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