India, May 18 -- JSW Energy has divested 2.5 crore equity shares of JSW Steel through a bulk deal on the National Stock Exchange on May 18, 2026, raising gross proceeds of around Rs 3,150 crore.
The company said the stake sale is part of a strategic liquidity release aimed at supporting its growth plans and improving return on capital employed. JSW Energy added that the move reflects its focus on disciplined capital allocation and long-term value creation for shareholders.
Following the transaction, the company continues to hold 4.5 crore equity shares in JSW Steel.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....