JSW Energy Limited has submitted its quarterly compliance certificate under SEBI (Depositories and Participants) Regulations, 2018 to stock exchanges, demonstrating adherence to regulatory requirements for the quarter ended 31st March, 2026.

Regulatory Compliance Filing

The company filed the certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 with both BSE Limited and National Stock Exchange of India Limited on 10th April, 2026. The submission was made by Company Secretary Monica Chopra, who digitally signed the document.

RTA Confirmation

KFin Technologies Limited, serving as JSW Energy's Registrar and Share Transfer Agent, provided the compliance certificate confirming adherence to regulatory requirements during the period from 1st January 2026 to 31st March, 2026. The certificate was signed by C Shobha Anand, Vice President at KFin Technologies Limited.

Compliance Activities

The RTA confirmed completion of several key compliance activities during the quarter:

• Confirmed approval or rejection of dematerialization requests within 15 days of receipt
• Verified that securities in certificates were listed on appropriate stock exchanges
• Mutilated and cancelled security certificates after due verification
• Updated the register of members with depository names as registered owners for approved demat requests

Corporate Information

The filing represents routine regulatory compliance, ensuring transparency in the company's share transfer and dematerialization processes. KFin Technologies Limited operates from its registered office in Mumbai and operations centre in Hyderabad, providing comprehensive registrar services to JSW Energy Limited.

JSW Energy Limited has exercised its call option to acquire the remaining 26% equity stake in JSW Mahanadi Power Company Limited (JMPCL), moving closer to complete ownership of the power generation asset. The announcement was made through a regulatory filing under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.

Call Option Exercise Details

The company issued a notice on 9th April, 2026, formally exercising its call option to acquire the balance 26% equity shareholding of JMPCL held by erstwhile financial creditors. This acquisition is being executed in accordance with the Approved Resolution Plan and the Securities Holders' Agreement dated 6th March, 2025, which was executed with IDBI Trusteeship Services Limited representing the erstwhile financial creditors of JMPCL.

Background of the Acquisition

JSW Energy had previously acquired 74% of the equity share capital of JMPCL on 6th March, 2025, pursuant to the implementation of a Resolution Plan approved by the Hon'ble National Company Law Tribunal, Hyderabad Bench. The company was formerly known as KSK Mahanadi Power Company Limited before the acquisition.

Regulatory Compliance

The company has indicated that detailed information required under Regulation 30 of the SEBI Listing Regulations, read with SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/II/3762/2026 dated 30th January, 2026, will be provided at the time of actual acquisition of the balance 26% equity shareholding. This suggests that while the call option has been exercised, the transaction completion and associated disclosures are pending.

Strategic Implications

With this call option exercise, JSW Energy is positioned to achieve 100% ownership of JMPCL, providing complete control over the power generation asset. The acquisition aligns with the company's strategy to expand its power generation portfolio and strengthen its position in the Indian energy sector. The transaction structure through a resolution plan indicates that JMPCL was likely under insolvency proceedings before JSW Energy's intervention.