JSW Energy Limited has received in-principle approval from both BSE Limited and the National Stock Exchange of India Limited for the preferential issuance of equity shares and convertible warrants. The approval, dated January 19, 2026, pertains to the issuance of 95,23,809 equity shares at a price of ₹525 per share (including a premium of ₹515) and 4,76,19,047 warrants, each convertible into one equity share at the same price. These securities will be issued to JTPM Metal Traders Limited, a member of the promoter group.

The stock exchanges have granted their in-principle approval subject to the company fulfilling several conditions. These include filing the listing application promptly after allotment, obtaining all necessary statutory and other approvals, and complying with all applicable guidelines and regulations from authorities like SEBI, RBI, and MCA. The company is also advised to strengthen its internal controls to monitor trades executed by the proposed allottees and to obtain an undertaking from the allottee(s) confirming they will not engage in intra-day trading or sell shares until the allotment date, as required by SEBI (ICDR) Regulations. The responsibility for verifying compliance lies solely with JSW Energy Limited.