JSW Energy has announced the allotment of 95,23,809 equity shares to JTPM Metal Traders Limited at a price of ₹525 per share, totaling ₹499.99 crore. Additionally, the company has allocated 4,76,19,047 warrants to JTPM, also at ₹525 per warrant, raising ₹624.99 crore. These issuances were approved at a board meeting held on January 21, 2026.
Equity Share Allotment
JSW Energy has successfully allotted 95,23,809 equity shares to JTPM Metal Traders Limited (“JTPM”) on a preferential basis. The allotment was executed via private placement at a price of ₹525 per equity share (including a premium of ₹515). The total subscription amount received for this allocation is ₹499,99,99,725.
Warrant Allocation Details
In addition to the equity share allotment, JSW Energy has also allotted 4,76,19,047 warrants to JTPM on a preferential basis. Each warrant entitles the holder to subscribe to one equity share. The subscription price for each warrant is ₹525 (including a premium of ₹515). JSW Energy received a subscription amount of ₹624,99,99,919, representing 25% of the issue price of these warrants.
Share Capital Update
Prior to these allotments, JSW Energy’s paid-up share capital was 174,77,68,451 shares, amounting to ₹1747,76,84,510. Following the allotment of equity shares, the paid-up share capital has increased to 180,49,11,307 shares, totaling ₹1804,91,13,070. This post-allotment figure is calculated on a fully-diluted basis, assuming full conversion of the warrants into equity shares.
Next Steps
JSW Energy will now apply to the stock exchanges to secure listing and trading approval for the newly allotted equity shares.
Source: BSE
