Description
BSE lists 95,23,809 equity shares of JSW Energy Limited issued to Promoters on a preferential basis at Rs. 525/- per share, effective February 27, 2026. Shares are locked in until September 9, 2027.
Summary
BSE has listed 95,23,809 new equity shares of JSW Energy Limited (Scrip Code: 533148, ISIN: INE121E01018) issued to Promoters on a preferential basis at an issue price of Rs. 525/- per share (face value Rs. 10/- plus premium of Rs. 515/-). These shares are permitted to trade on the Exchange with effect from Friday, February 27, 2026, and rank pari-passu with existing equity shares. The entire allotment is subject to a lock-in period until September 9, 2027.
Key Points
- 95,23,809 equity shares of Rs. 10/- each issued to Promoters on a preferential basis
- Issue price: Rs. 525/- per share (Rs. 10/- face value + Rs. 515/- premium)
- Shares rank pari-passu with existing equity shares of the company
- Distribution Numbers: 1747768452 to 1757292260
- Date of Allotment: January 21, 2026
- Trading permitted from: February 27, 2026
- ISIN: INE121E01018
Regulatory Changes
No new regulatory changes. This circular implements a standard preferential allotment listing under existing SEBI and BSE listing norms.
Compliance Requirements
- Trading members are informed of the new securities and may facilitate trading from February 27, 2026
- Lock-in restrictions must be observed — all 95,23,809 shares (Dist. Nos. 1747768452–1757292260) are locked in until September 9, 2027 and cannot be traded during this period
Important Dates
- Date of Allotment: January 21, 2026
- Effective Trading Date: February 27, 2026
- Lock-in Expiry Date: September 9, 2027
Impact Assessment
The listing of approximately 95.24 lakh new shares increases JSW Energy’s total equity share count, marginally diluting existing non-promoter shareholders. Since the entire allotment is issued to Promoters and is locked in until September 2027, there is no immediate supply pressure in the market. The preferential allotment at Rs. 525/- per share signals promoter confidence in the company. Market impact is expected to be moderate, with the primary effect being a slight increase in promoter shareholding percentage.
Impact Justification
Routine preferential allotment listing for an established large-cap company; promoter lock-in limits near-term trading impact, but increases total share count and affects ownership structure.