JSW Energy Limited has announced that its step-down subsidiary JSW Energy (Kutehr) Limited has received a credit rating assignment from India Ratings and Research Private Limited. The rating agency assigned 'IND A+/Positive' for the subsidiary's bank loan facilities through its release dated February 24, 2026.

Credit Rating Details

The rating assignment covers the bank loan facilities of JSW Energy (Kutehr) Limited, which operates as a step-down subsidiary of JSW Energy Limited. The 'IND A+/Positive' rating indicates a strong credit profile with a positive outlook, reflecting the rating agency's assessment of the subsidiary's financial position and business prospects.

Regulatory Compliance

JSW Energy Limited disclosed this information in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's communication was signed by Monica Chopra, Company Secretary, and filed with both BSE Limited and National Stock Exchange of India Limited.

About the Rating Agency

India Ratings and Research Private Limited (Ind-Ra) is the rating agency that conducted the assessment and assigned the credit rating. The detailed press release regarding this rating assignment is available on the agency's official website at www.indiaratings.co.in , providing stakeholders with comprehensive information about the rating rationale and methodology.

This credit rating assignment represents an important milestone for JSW Energy's subsidiary operations and provides transparency to investors and lenders regarding the creditworthiness of JSW Energy (Kutehr) Limited's banking facilities.

JSW Energy Limited has successfully obtained listing approval from both major Indian stock exchanges for equity shares allotted on a preferential basis to its promoter group. The company announced the receipt of listing approvals through a regulatory disclosure filed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Share Allotment Details

The listing approval covers a significant equity issuance to the company's promoter group. Key details of the share allotment are presented below:

JTPM Metal Traders Limited is identified as a member of the promoter group of JSW Energy Limited, making this a preferential allotment to existing promoters.

Exchange Approvals

Both BSE Limited and National Stock Exchange of India Limited granted their listing approvals on February 24, 2026. The approvals were communicated through official letters from both exchanges on the same date.

BSE Approval Conditions

BSE's listing approval comes with specific compliance requirements:

• Adherence to Regulation 167 of SEBI (ICDR) Regulations
• Filing of shareholding pattern in XBRL mode if change exceeds two percent of total paid-up share capital
• Submission of confirmation letters from NSDL/CDSL regarding credit to beneficiary accounts
• Lock-in confirmation for pre-preferential holdings where applicable

NSE In-Principle Approval

NSE granted in-principle approval for the listing of the equity shares. The exchange confirmed that the shares would be listed and admitted to dealings upon receipt of confirmation from depositories NSDL/CDSL for credit of beneficiaries' accounts.

Trading Approval Requirements

The exchanges have outlined specific requirements for trading approval:

• Application for trading approval must be made within seven working days from listing approval date
• Submission of all required documents as specified by stock exchanges
• Compliance with SEBI circular dated June 21, 2023, regarding trading approval timelines

Non-compliance with these requirements will attract penalties as mentioned in the relevant SEBI circular.

Regulatory Compliance

This preferential allotment follows previous intimations and disclosures made by the company on December 9, 2025, December 12, 2025, January 3, 2026, and January 20, 2026. The company has maintained transparency throughout the process by making all relevant information available on its investor relations website.

The successful receipt of listing approvals represents completion of a significant step in the preferential allotment process, with trading approval being the next milestone for these equity shares.