JSW Energy has announced the allotment of 95,23,809 equity shares and 4,76,19,047 convertible warrants to JTPM Metal Traders Limited on a preferential basis. The equity shares were priced at ₹525 each, and the warrants also carry a price of ₹525 each. This move follows earlier disclosures made in December 2025 and January 2026.
Preferential Allotment Details
JSW Energy has completed the allotment of equity shares and convertible warrants as previously announced. The Finance Committee of the Board of Directors approved the following:
Equity Share Allotment
95,23,809 equity shares, each with a face value of ₹10, have been allotted to JTPM Metal Traders Limited (“JTPM”) on a preferential basis through private placement. The price per equity share was ₹525 (including a premium of ₹515). The total subscription amount received was ₹499,99,99,725.
Warrant Allotment
4,76,19,047 warrants were allotted to JTPM on a preferential basis. Each warrant allows the holder to subscribe to one equity share. The price per warrant is ₹525 (including a premium of ₹515), with the initial subscription amount received being ₹624,99,99,919, representing 25% of the total issue price of the warrants.
Impact on Share Capital
The allotment affects the paid-up equity share capital of the company as follows:
Pre-allotment: 174,77,68,451 shares, amounting to ₹1747,76,84,510
Post-allotment: 180,49,11,307 shares, amounting to ₹1804,91,13,070
The post-allotment share capital is calculated on a fully diluted basis, assuming full conversion of the warrants into equity shares.
Next Steps
JSW Energy will apply to the stock exchanges for listing and trading approval for the newly allotted equity shares.
Source: BSE
