Sustainability-linked bonds were used by JSW Infrastructure earlier this year to repay debts and fund capital spending.

Tycoon Sajjan Jindal's steel-to-cement company, JSW Infrastructure Ltd., plans to go public by March 2024. Joint Managing Director Arun Maheshwari said in an interview that the Mumbai-based firm, which runs seaports and terminals, would soon begin contacting investment banks and professional agencies to help the listing.

Balanced views will be taken by this company "when making the decision on whether to go public, he cited concerns about inflation and geopolitical threats.

Further information on the size of the stake sale or the amount of money sought was omitted. The crisis in Ukraine and increasing interest rates have dampened investor enthusiasm for stocks, which has resulted in a global slowdown in fundraising.

This fiscal year, Maheshwari says JSW Infrastructure expects to handle as much as 100 million tonnes of freight and plans to concentrate on expanding further into the container market. He stated that JSW Infrastructure's acquisition aspirations are strengthened since it does not have a high leverage ratio.

"If an acquisition meets our requirements for sustainability, cargo diversity, and geographic diversification, we will consider it. " "Maheshwari mentioned this. He went on to say that the company's acquisitions must prioritise long-term viability.

A subsidiary of Indian billionaire Gautam Adani's conglomerate, Adani Ports handled more than 300 million tonnes of cargo in the fiscal year that ended on March 31, after purchasing a plethora of enterprises.

Sustainability-linked bonds were used by JSW Infrastructure earlier this year to repay debts and fund capital spending.


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