JSW Energy Limited will hold its 32nd Annual General Meeting on Thursday, July 9, 2026, through Video Conferencing and Other Audio Visual Means. The meeting is scheduled to commence at 11:00 a.m. pursuant to the provisions of the Companies Act, 2013 and the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company has fixed Friday, June 5, 2026, as the record date to determine the eligibility of members for dividend, if declared by the shareholders at the AGM. Consequently, the Register of Members and Share Transfer Books will remain closed from Saturday, June 6, 2026, to Friday, June 12, 2026, both days inclusive.

Dividend on equity shares, if declared, will be paid on or before Friday, August 7, 2026. In accordance with the Listing Regulations, payment of dividend shall be made only through electronic mode to the members.

The Notice of the AGM and the Integrated Annual Report for the Financial Year 2025-26 will be sent to members whose email addresses are registered with the depositories or the company. These documents will also be available on the company’s website and the websites of BSE Limited and National Stock Exchange of India Limited.

Members holding shares in demat form must contact their Depository Participants to update email addresses and bank details. Those holding shares in physical form may submit Form ISR - 1 to the registrar, Kfint Technologies Limited, to update their contact information.

Macquarie has initiated coverage on JSW Energy with an Outperform rating, assigning a target price of ₹720. The initiation reflects the brokerage's view that India's power sector is undergoing a significant transformation, presenting meaningful opportunities for established players in the space.

Macquarie's Rationale

According to Macquarie, India's power sector is experiencing a broad-based regulatory and operational reset that spans across the key segments of the value chain. The brokerage identifies this reset as a structural development with far-reaching implications for the industry.

The key themes underpinning Macquarie's initiation are summarised below:

India's Power Sector Transformation

Macquarie's coverage initiation underscores the view that India's power sector is not experiencing isolated changes, but rather a comprehensive reset across generation, transmission, and distribution. This multi-segment transformation is seen as creating strong growth opportunities for companies that are well-positioned to capitalise on the evolving regulatory and operational landscape. JSW Energy is identified as one such player capable of benefiting from these sector-wide developments.