JSW Infrastructure Limited , a key player in India's port infrastructure sector, has taken a significant step towards expanding its operations in eastern India. The company announced the incorporation of a new wholly-owned subsidiary, JSW Kolkata Container Terminal Private Limited, on August 1, 2025. This strategic move is aimed at fulfilling the requirements of a Letter of Award (LOA) received from the Syama Prasad Mookerjee Port Authority.

Project Details

The newly formed subsidiary will be responsible for a major port development project in Kolkata. The scope of work includes:

• Reconstruction of Berth No. 8
• Mechanization of Berth Nos. 7 and 8 at Netaji Subhash Dock of Kolkata Dock System

This project will be executed on a Design, Build, Finance, Operate and Transfer (DBFOT) basis through a Public-Private Partnership (PPP) mode. The primary focus will be on providing container handling services for all types of containers.

Subsidiary Information

Key details about the new subsidiary include:

Strategic Importance

The incorporation of this subsidiary is a crucial step for JSW Infrastructure, as it allows the company to comply with the LOA terms, which required the establishment of a Special Purpose Vehicle (SPV) within 30 days to enter into a concession agreement.

Financial Implications

JSW Infrastructure has made an initial capital investment of Rs. 1,00,000 in the new subsidiary. While the financial impact is currently minimal, the project's long-term potential could be significant for the company's growth in the port infrastructure sector.

Future Outlook

As of now, JSW Kolkata Container Terminal Private Limited has yet to commence business operations. However, its establishment paves the way for JSW Infrastructure to strengthen its presence in eastern India's port sector and potentially capitalize on the growing container traffic in the region.

This development aligns with JSW Infrastructure's strategy to expand its port operations across strategic locations in India, enhancing its capability to serve the nation's growing maritime trade needs.

JSW Infrastructure Limited , a prominent player in the infrastructure sector, has initiated a postal ballot process to seek shareholder approval for the appointment of Mr. Rajive Kumar as a Non-executive, Independent Director. This move underscores the company's commitment to strengthening its board with experienced professionals.

Key Details of the Appointment

• Appointment Period: The Board has proposed a three-year term for Mr. Rajive Kumar, from July 22, 2025, to July 21, 2028.
• Voting Process: Shareholders can cast their votes through remote e-voting from July 26 to August 24, 2025.
• Resolution Type: The appointment requires approval by special resolution.

About Rajive Kumar

Mr. Rajive Kumar brings a wealth of experience to JSW Infrastructure:

• Age: 67 years
• Background: Former Indian Administrative Service (IAS) officer of the 1981 batch
• Previous Roles:
  • Retired as Chief Secretary of Uttar Pradesh in 2018
  • Served as Chairperson of Uttar Pradesh Real Estate Regulatory Authority from 2018 to 2023
  • Held key positions in the Government of India, including Shipping Secretary and Additional Secretary in the Ministry of Petroleum and Natural Gas

Professional Expertise

Mr. Kumar's areas of expertise include:

• Industrial Development and Financing
• Infrastructure Development and Regulation
• Human Resource Development

His extensive experience in government and regulatory roles is expected to bring valuable insights to JSW Infrastructure's board.

Current Engagements

Mr. Kumar currently serves as an Independent Director on the board of ICICI Lombard General Insurance Company Limited and is a member of its Audit Committee.

Voting Details

JSW Infrastructure has emphasized that Mr. Kumar meets the criteria for independence as per the Companies Act, 2013, and SEBI Listing Regulations. The company believes his appointment would be in its best interest, considering his skills, knowledge, and expertise.

Shareholders are encouraged to participate in the e-voting process to voice their decision on this significant board appointment. The outcome of this postal ballot will be crucial in shaping the future leadership of JSW Infrastructure Limited.