JSW Infrastructure Limited has successfully acquired NCR Rail Infrastructure Limited for ₹467.47 crore. This strategic acquisition was completed effective September 10, 2026, making NCR Rail a step-down wholly owned subsidiary. The deal also involved an additional payment of ₹41.94 crore for land purchase. This move integrates NCR Rail’s private freight terminal operations into JSW Infrastructure’s expanding logistics business.
JSW Infrastructure Completes NCR Rail Acquisition
JSW Infrastructure Limited announced the successful completion of its acquisition of NCR Rail Infrastructure Limited. The transaction, effective September 10, 2026, was carried out through its step-down wholly owned subsidiary, Khurja Rail Terminal Private Limited. This acquisition makes NCR Rail a step-down wholly owned subsidiary of JSW Infrastructure.
Deal Value and Structure
The total cost of acquisition for NCR Rail Infrastructure Limited amounted to ₹467.47 crore. Additionally, JSW Infrastructure paid ₹41.94 crore towards the purchase of approximately 39.57 acres of land from Arshiya Limited, as stipulated by the Approved Resolution Plan. Consequently, AMD Business Support Services Private Limited, formerly a subsidiary of NCR Rail, also becomes a step-down wholly owned subsidiary of JSW Infrastructure.
About NCR Rail Infrastructure Limited
NCR Rail Infrastructure Limited owns and operates a Private Freight Terminal in Khurja, Uttar Pradesh. The facility is strategically located near New Delhi and the upcoming Jewar Airport. It features six rail lines, two covered warehouses spanning approximately 0.2 million square feet, and a land bank of about 130 acres. The integration of NCR Rail is expected to bolster JSW Infrastructure’s presence and capabilities in the logistics sector.
Strategic Rationale
The acquisition aligns with JSW Infrastructure’s strategy for integration and expansion of its logistics business. NCR Rail’s infrastructure assets and strategic location are poised to complement JSW Infrastructure’s existing network and contribute to its growth in the transportation and warehousing services domain.
Source: BSE