JSW Energy Limited has secured crucial regulatory approvals for a substantial preferential securities issue, marking a significant capital-raising milestone for the renewable energy company. The approvals from both major Indian stock exchanges pave the way for the company to raise approximately ₹750 crores through equity and warrant issuance.

Stock Exchange Approvals Received

The company received in-principle approval from both BSE Limited and National Stock Exchange of India Limited on January 19, 2026. The approvals cover the issuance of securities to JTPM Metal Traders Limited, a member of the promoter group.

Issue Structure and Pricing

The preferential issue comprises two distinct components, both priced at ₹525 per security. Each equity share and warrant carries a face value of ₹10.00 with a premium of ₹515.00.

The convertible warrants provide holders the right to subscribe to one equity share per warrant at the same price of ₹525.00. All securities will be issued on a preferential basis exclusively to JTPM Metal Traders Limited.

Regulatory Conditions and Compliance Requirements

Both exchanges have imposed several conditions that must be fulfilled before the securities can be listed. The National Stock Exchange outlined five key compliance requirements:

• Filing of listing application immediately upon allotment
• Receipt of all statutory and regulatory approvals from SEBI, RBI, MCA, and other authorities
• Compliance with applicable guidelines and regulations at the time of listing application
• Adherence to SEBI LODR Regulations 2015, Companies Act provisions, and other applicable laws
• Submission of required documents and payment of applicable fees

Internal Controls and Trading Restrictions

The exchanges have emphasized the need for strengthened internal controls to monitor trading activities by proposed allottees. Specific requirements include:

• Obtaining undertakings from allottees confirming no intra-day trading in company scrip until allotment date
• Company responsibility to verify compliance with SEBI ICDR Regulations, particularly Regulation 167(6)
• Potential impact on listing if non-compliance is observed post-verification

BSE Limited has specified that the company must make a listing application within twenty days from the allotment date, as per Schedule XIX of ICDR Regulations and SEBI circular dated June 21, 2023.

Next Steps and Timeline

The company must now proceed with obtaining necessary statutory approvals and ensuring compliance with all regulatory requirements. The exchanges have reserved the right to withdraw in-principle approval if submitted information is found incomplete, incorrect, or misleading.

The approval documentation has been made available on the company's investor relations website, ensuring transparency for stakeholders. Both exchanges have issued digitally signed approval letters, with NSE's approval signed by Senior Manager Dipti Chinchkhede and BSE's approval signed by Manager Prachi Babadi and Deputy Manager Mayuri Visaria.

JSW Energy Limited has scheduled an earnings conference call for Friday, January 23, 2026, at 7:00 PM IST to discuss its financial performance for the third quarter of fiscal year 2026. The announcement was made through a regulatory filing under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting and Financial Results

The company's Board of Directors will convene on January 23, 2026, to consider the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. This meeting precedes the investor conference call scheduled for the same evening.

Conference Call Details

The earnings call will be hosted by Investec Capital Services (India) Private Ltd, with participation available across multiple time zones to accommodate international investors.

Senior Management Participation

The conference call will be represented by key members of JSW Energy's senior management team who will discuss the company's quarterly performance and address investor queries.

Access Information

Investors can participate in the conference call through multiple dial-in options:

Primary Universal Numbers:

• +91 22 6280 1245
• +91 22 7115 8146

International Toll-Free Access:

• USA: 18667462133
• UK: 08081011573
• Singapore: 8001012045
• Hong Kong: 800964448

Documentation and Transcript

Following the conference call, JSW Energy will make the complete transcript available on its official website and file it with the stock exchanges as per regulatory requirements. The transcript will be accessible at the company's investor relations section for future reference by stakeholders and analysts.