Approval Status: Subject to receipt of necessary approval of the relevant authority under applicable laws of India and UAE
Timeline: The SPA was executed on 22nd August, 2026 at approximately 7:00 p.m. (IST). The completion of the transaction is contingent upon regulatory approvals.
Strategic Rationale: Upon completion of the transaction, JSW Overseas, currently a step-down wholly owned subsidiary of the Company, will become a direct wholly owned subsidiary of JSW Infrastructure Limited.
Reference Regulation: SEBI Listing Obligations and Disclosure Requirements Regulations, 2015 (Listing Regulations), specifically Regulation 30(7) and Part A of Schedule III
Additional Context: This intimation is in continuation to the company's earlier intimation letter dated 16th January, 2026 on the same subject.
