JSW Infrastructure announces that its subsidiary, JSW Port Logistics Private Limited, will acquire 100% equity stake in JSW Rail Infra Logistics, JSW Minerals Rail Logistics, and JSW (South) Rail Logistics. An independent valuation confirms the arm’s length nature of the transaction. The acquisitions are designed to bolster JSW’s logistics capabilities.
Acquisition Overview
JSW Infrastructure’s subsidiary, JSW Port Logistics Private Limited, will acquire 100% of the total equity share capital of JSW Rail Infra Logistics Private Limited, JSW Minerals Rail Logistics Private Limited, and JSW (South) Rail Logistics Private Limited. This decision was communicated on December 8, 2025.
Transaction Details
The valuation report, issued by PwC Business Consulting Services LLP, confirms that the transaction is being carried out at arm’s length. The acquisitions will be completed via cash consideration. This move aims to consolidate and streamline JSW’s rail logistics operations.
JSW Rail Infra Logistics and JSW Minerals Rail Logistics Operations
JSW Rail Infra Logistics (JSWRIL) focuses on moving steel coils using BFNV high-capacity wagons under the LSFTO scheme. As of now, JSWRIL operates 6 BFNV rakes. Operations are expected to normalize over FY26-FY27.
JSW Minerals Rail Logistics (JSWMRL) manages the transportation of bulk materials. The current operating plan includes 12 BOBSNS rakes and 7 BOXNHL rakes. Operations are also expected to normalize over FY26-FY27.
JSW (South) Rail Logistics
JSW (South) Rail Logistics (JSWSRL) is currently in the process of obtaining necessary approvals. As of the report date, JSWSRL does not have material operations.
Rationale
Management believes acquiring existing business of both JSWMRL and JSWRIL is better than building operations from scratch, given the difficulty in replicating route rights and customer circuits. The existing licenses further add to the value.
Source: BSE