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BSE SENSEX
83,126.62
+137.84
+0.17 %
Corporate Announcement
Security Code
543994
Company
JSW Infrastructure Ltd
Exchange Received Time
09/09/2024 14:11:32
Exchange Disseminated Time
09/09/2024 14:11:34
Time Taken
00:00:02
Board Meeting Outcome for Capacity Expansion Plan Of The Material Subsidiaries |
09/09/24 14:11
Pursuant to Regulation 30 (9) read with Para B of Part A of Schedule III of Securities and Exchange Board of India SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), we hereby submit that the Board of Directors ('Board') at its meeting held on September 9, 2024 approved the capacity expansion plan of the material subsidiaries viz JSW Jaigarh Port Limited and JSW Dharamtar Port Private Limited as detailed in Annexure A. Further, the Board has approved the investment in Bhoke Railway Siding ('Project') on the Konkan Railway route which will further improve the access to the railway for Jaigarh port's cargo, to be undertaken by the material subsidiary i.e. JSW Jaigarh Port Limited. The total cash outflow for this Project is estimated to be ~ Rs. 125 Crore. The details required as per SEBI Circulars are enclosed herewith in Annexure A. A press release issued by the Company is also attached herewith.
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