JTPM Metal Traders Limited, part of the JSW Energy promoter group, has increased its stake in JSW Energy by acquiring 95,23,809 equity shares and 4,76,19,047 convertible warrants on January 21, 2026. This acquisition, representing 3.43% of JSW Energy’s equity on a fully diluted basis, was executed through a preferential allotment. The move signals further investment and commitment to JSW Energy’s growth.
Increased Holding in JSW Energy
JTPM Metal Traders Limited, a member of the promoter group of JSW Energy Limited, has acquired additional shares and convertible warrants in JSW Energy. The transaction occurred on January 21, 2026.
Details of the Acquisition
The acquisition includes 95,23,809 equity shares and 4,76,19,047 convertible warrants of JSW Energy. This represents approximately 3.43% of the equity share capital of the target company on a fully diluted basis.
Transaction Method
The shares and warrants were acquired through a preferential allotment. This is in accordance with the regulations outlined in Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018.
Pre and Post-Acquisition Holdings
Prior to the acquisition, JTPM Metal Traders held 121,05,95,813 shares, representing 69.27% of the total share/voting capital. Post-acquisition, the holdings increased to 1,22,01,19,622 shares, now representing 69.43% of the total share/voting capital and 67.60% on diluted basis.
Impact on Total Diluted Share Capital
The total diluted share/voting capital of JSW Energy after the acquisition is based on the assumption that all 4,76,19,047 warrants are converted into equity shares.
Promoter Group Holdings
Collectively, the promoter group holds a significant portion of JSW Energy. Key members include Parth Jindal, Tarini Jindal Handa, and various investment entities. These entities also saw adjustments in their holdings post-acquisition. The total diluted share/voting capital post acquisition is 70.24%.
Source: BSE
