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JSW Infra Acquires 100% Stake in JSW Overseas FZE, Approves ESOP Plan

JSW Infrastructure Limited

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January 16, 2026, 01:46 PM

JSW Infrastructure Limited approved acquiring 100% of JSW Overseas FZE for ₹19.21 Lakhs. The Board also approved the Shri O.P. Jindal Employee Stock Ownership Plan 2026, authorizing up to 21,00,000 employee stock options, subject to member approval.

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JSW Infrastructure Limited announced the outcome of its Board Meeting held on 16th January 2026. The Board approved the acquisition of 100% shares of JSW Overseas FZE from JSW Terminal (Middle East) FZE for a total consideration of ₹19.21 Lakhs (AED 78,446). JSW Overseas, currently a step-down wholly owned subsidiary, will become a direct wholly owned subsidiary post-acquisition. The acquisition is aimed at administrative and operational convenience and is subject to necessary approvals under Indian and UAE laws, with completion expected within 60 days of receiving approvals.

Furthermore, the Board approved the 'Shri O.P. Jindal Employee Stock Ownership Plan (JSWIL) - 2026', based on the Compensation Committee's recommendation. This plan, subject to member approval via postal ballot and other regulatory approvals, authorizes the grant of up to 21,00,000 employee stock options. The options will vest between one and three years from the grant date, and the exercise price will be equivalent to the face value of the shares on the grant date. No grants are being made currently as member approval is pending.

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