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S&P
BSE SENSEX
74,611.11
+128.33
+0.17 %
Corporate Announcement
Security Code
722470
Company
JSW Energy Ltd
Exchange Received Time
10/08/2022 07:30:13
Exchange Disseminated Time
10/08/2022 07:30:13
Time Taken
00:00:00
Announcement under Regulation 30 (LODR)-Acquisition |
08/10/22 07:30
We wish to inform you that JSW Neo Energy Limited (JSWNEL), a wholly-owned subsidiary of the Company, has agreed to acquire a portfolio of 1,753 MW of Renewable Energy generation capacity from Mytrah Energy (India) Private Limited (MEIPL) comprising of 17 SPVs and 1 Ancillary SPV. Necessary definitive agreements have been signed between the parties. The transaction is subject to receipt of the necessary regulatory and other customary approvals. Upon consummation of the transaction, the said 18 subsidiaries of MEIPL would become subsidiaries of JSWNEL and step-down subsidiaries of the Company. The disclosure pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR / CFO / CMD / 4 / 2015 dated 9th September, 2015 is attached as Annexure A hereto. A Press Release in this regard is also attached.
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