JSW Infrastructure Announces Major Board Restructuring and Key Executive Appointments

1 min read     Updated on 23 Aug 2025, 05:40 PM
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Shriram ShekharBy ScanX News Team
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Overview

JSW Infrastructure Limited has approved significant changes to its board and executive leadership, effective August 23, 2025. New appointments include Ms. Neeta Mukerji as Independent Director, Mr. Devki Nandan Sharma as Whole-Time Director, Mr. J Nagarajan as CFO, and Mr. Debabrat Mishra as SVP (HR). Mr. Lalit Singhvi will transition to a Non-Executive role. Three board members, including Ms. Ameeta Chatterjee and Mr. Nirmal Kumar Jain, are stepping down. The company has also updated its list of Key Managerial Personnel for SEBI compliance.

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*this image is generated using AI for illustrative purposes only.

JSW Infrastructure Limited , a key player in India's infrastructure sector, has announced significant changes to its board composition and executive leadership, effective August 23, 2025. The company's board of directors has approved several appointments and resignations, signaling a strategic restructuring aimed at strengthening its leadership team.

New Appointments

Board of Directors

  • Ms. Neeta Mukerji: Appointed as an Additional and Independent Director for a three-year term. With over 30 years of experience in premier financial institutions, her expertise spans project finance, credit, risk management, and distressed debt.

  • Mr. Devki Nandan Sharma: Appointed as an Additional Director and Whole-Time Director for three years. He brings nearly three decades of experience in the Maritime and Infrastructure sector across Asia and Europe.

Executive Positions

  • Mr. J Nagarajan: Promoted from Deputy CFO to Chief Financial Officer. He has over 24 years of experience in strategic finance, M&A, and infrastructure sectors.

  • Mr. Debabrat Mishra: Appointed as Senior Vice President (Human Resource) and designated as Senior Management Personnel. He brings 25 years of experience in leading HR functions across various sectors.

Executive Changes

Mr. Lalit Singhvi: Currently serving as Whole-Time Director and Chief Financial Officer (CFO), will transition to a Non-Executive Non-Independent Director role upon his superannuation, effective September 1, 2025, subject to shareholder approval.

Board Resignations

  1. Ms. Ameeta Chatterjee: Term as Independent Director concludes on August 30, 2025.
  2. Mr. Nirmal Kumar Jain: Resigned as Independent Director, citing advancing age.
  3. Mr. Kantilal Narandas Patel: Stepped down as Non-Executive Non-Independent Director due to personal reasons.

Corporate Governance

JSW Infrastructure has updated its list of Key Managerial Personnel authorized to determine the materiality of events or information for disclosure to stock exchanges, in compliance with SEBI regulations.

These changes reflect JSW Infrastructure's commitment to maintaining a robust and dynamic leadership team. The new appointments bring a wealth of experience in finance, infrastructure, and human resources, which are expected to contribute significantly to the company's strategic direction and growth initiatives.

As the infrastructure sector continues to play a crucial role in India's economic development, JSW Infrastructure's board restructuring positions the company to capitalize on emerging opportunities and navigate future challenges in the industry.

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JSW Infrastructure Reports Strong Q1 FY26 Performance, Outlines Expansion Plans

2 min read     Updated on 06 Aug 2025, 09:23 PM
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Reviewed by
Naman SharmaBy ScanX News Team
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Overview

JSW Infrastructure, India's second-largest private port operator, reported impressive Q1 FY26 results with 5% YoY cargo volume growth to 29.40 MT, 21% revenue increase to ₹1,224.00 crore, and 31% PAT surge to ₹390.00 crore. The company aims to expand capacity from 177 mtpa to 400 mtpa by FY30 through brownfield expansions, greenfield developments, and acquisitions. Key projects include Tuticorin Terminal, JNPA Liquid Terminal, and expansions at Mangalore, Jaigarh, and Dharamtar ports. JSW Infrastructure received awards for container berth redevelopment in Kolkata and signed an MoU for Bhoke Railway Siding development. With a strong balance sheet and ₹4,360.00 crore in cash reserves, the company is well-positioned for future growth.

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*this image is generated using AI for illustrative purposes only.

JSW Infrastructure Limited , India's second-largest private port operator, has released its investor presentation for August 2025, showcasing robust growth and ambitious expansion plans. The company reported impressive financial and operational results for the first quarter of fiscal year 2026, demonstrating its strong position in the maritime infrastructure sector.

Q1 FY26 Performance Highlights

JSW Infrastructure handled a total cargo volume of 29.40 million tonnes (MT) in Q1 FY26, marking a 5% year-on-year growth. Notably, the share of third-party customers increased to 52% from 50% in the previous year, indicating the company's success in diversifying its client base.

The company's financial performance was equally impressive:

  • Operating revenue grew by 21% year-on-year to ₹1,224.00 crore
  • Operating EBITDA increased by 13% to ₹581.00 crore
  • Profit After Tax (PAT) surged by 31% to ₹390.00 crore

Expansion Strategy and Project Updates

JSW Infrastructure has outlined an ambitious growth strategy to expand its capacity from the current 177 million tonnes per annum (mtpa) to 400 mtpa by FY30. This expansion plan includes:

  1. Brownfield expansions
  2. Greenfield developments
  3. Strategic acquisitions

Key project updates include:

  • Ongoing construction at the Tuticorin Terminal, with 1.07 MMT cargo handled through interim operations in Q1 FY26
  • Progress on the JNPA Liquid Terminal, with 70% of pipelines installed and 0.30 MMT cargo handled through interim operations
  • Expansion of the Mangalore Container Terminal from 4.20 to 6.00 mtpa
  • Development of LPG facilities at Jaigarh Port
  • Capacity expansion at Dharamtar and Jaigarh ports by 36 mtpa

Strategic Developments

The company has made significant strides in expanding its portfolio:

  • Received a Letter of Award from Syama Prasad Mookerjee Port Authority for redeveloping and mechanizing container berths at Kolkata
  • Signed a binding MoU with Konkan Railway Corporation for developing Bhoke Railway Siding in Ratnagiri district
  • The Committee of Creditors approved JSW Infrastructure's resolution plan for NCR Rail Infrastructure Limited under the Corporate Insolvency Resolution Process

Financial Strength

JSW Infrastructure maintains a strong balance sheet with a net debt of ₹1,246.00 crore as of June 30, 2025. The company's cash reserves stand at ₹4,360.00 crore, providing ample liquidity for future growth initiatives.

Sustainability and Recognition

The company's commitment to sustainability has been recognized with several awards:

  • Leadership Grade (A-) in CDP's 2024 Supplier Engagement Assessment
  • Dharamtar Port won the 24th Global Environment & Sustainability Award 2025
  • JSW Paradip Terminal and Paradip East Quay Coal Terminal were awarded Best BOT Operator by Paradip Port Authority for the third consecutive year

JSW Infrastructure's strong Q1 FY26 performance and clear expansion strategy position it well to capitalize on India's growing maritime infrastructure needs. As the company continues to diversify its operations and enhance its capacity, it remains a key player in India's port sector.

Historical Stock Returns for JSW Infrastructure

1 Day5 Days1 Month6 Months1 Year5 Years
-0.64%-1.89%-3.56%+18.36%-1.91%+92.78%
JSW Infrastructure
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