JSW Energy said it will seek shareholders’ approval to raise ₹15,000 crore through the issuance of debentures, shares and bonds at its annual general meeting on August 6.
A special resolution to raise up to ₹5,000 crore of secured/unsecured redeemable convertible debentures in one or more tranches on private placement basis is listed in the agenda of the company’s annual general meeting, a BSE filing said.
The company has also sought the shareholders’ nod to raise $750 million (about ₹5,000 crore) through issue of non-convertible foreign currency denominated bonds or Masala bonds denominated in Indian currency.
