JSW Infrastructure Limited has announced the commencement of interim commercial operations at its Rail Siding facility in Kudathini, Ballari, Karnataka. The operations are being conducted through JSW Port Logistics Private Limited, a wholly-owned subsidiary of the company.

Facility Details and Operations

The Rail Siding facility represents a strategic addition to JSW Infrastructure's logistics network in Karnataka. The company has successfully transitioned from the acquisition phase to operational commencement at the brownfield facility.

Timeline and Development

The development follows a structured timeline that began with the initial acquisition announcement. JSW Port Logistics had previously intimated the market about the acquisition of the brownfield Rail Siding facility. The commencement of interim operations marks the next phase in the facility's development and integration into JSW Infrastructure's operational framework.

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure ensures full regulatory compliance with market intimation requirements.

Strategic Significance

The commencement of operations at the Kudathini Rail Siding facility strengthens JSW Infrastructure's logistics capabilities in the Ballari region of Karnataka. The facility's strategic location and operational readiness position it as a key component in the company's transportation and logistics network. The interim operations phase allows for operational optimization and system integration before full-scale commercial activities.

JSW Infrastructure Limited has announced the grant of 2,20,960 stock options to eligible employees under its employee stock ownership plan. The Compensation Committee of the Board of Directors approved this grant on March 5, 2026, during a meeting that commenced at 3:00 pm and concluded at 4:15 pm.

ESOP Grant Details

The options were granted under the Shri O.P. Jindal Employee Stock Ownership Plan (JSWIL) – 2026, commonly referred to as the OPJ ESOP Plan 2026. This plan was previously approved by the Board of Directors on January 16, 2026, and subsequently by the company's members on February 27, 2026.

Key Terms and Conditions

The granted options come with specific terms designed to align employee interests with company performance:

• Administration: The Compensation Committee of the Board of Directors oversees the administration and supervision of the OPJ ESOP Plan 2026
• Vesting Schedule: Options will vest not earlier than 1 year and not later than 3 years from the grant date
• Exercise Rights: Once vested, each option entitles the holder to acquire one equity share upon payment of the exercise price and applicable taxes

Regulatory Compliance

The company confirmed that the OPJ ESOP Plan 2026 complies with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The grant was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Current Status

As this represents the initial grant under the plan, several parameters remain not applicable at this stage, including options vested, options exercised, money realized from exercise, and diluted earnings per share calculations. These metrics will become relevant as the options vest and employees begin exercising their rights to acquire shares.

The announcement was communicated to BSE Limited, National Stock Exchange of India Limited, and India International Exchange (IFSC) Limited, where the company's shares are listed under scrip codes 543994, JSWINFRA, and 1100026 respectively.