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JSW Energy Hits 52-Week High On Plans To Raise Rs 5,000 Crore Via QIP

JSW Energy said the company may at its discretion offer a discount of not more than 5 per cent on the floor price so calculated for the issue.

JSW Energy shares hit 52-week high on plans to raise Rs 5,000 crore via QIP

​JSW Energy shares rose nearly 3% to hit a 52-week high of Rs 558 in Wednesday s trade on BSE after the firm said it plans to raise Rs 5,000 crore by selling shares to high net worth investors through a qualified institutional placement process or QIP.

JSW Energy stock hits 52-week high on firm s plans to raise Rs 5,000 crore via QIP

The floor price for JSW Energy s QIP is set at Rs 510 per share, while the indicative issue price stands at Rs 485 per share

JSW Energy to raise $600 mn via share sale

Power producer JSW Energy said on Tuesday it would raise up to 50 billion rupees ($599.5 million) by selling shares to institutional investors. The share placement ..

JSW Energy board approves raising Rs 5,000 crore through QIP

The Board has also authorised the finance committee to take all the necessary decisions in this regard. JSW Energy is one of the leading private-sector power producers in India. The company has established its presence across the value chains of the power sector with diversified assets in power generation, and transmission.

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