JSW Energy has sold a significant portion of its holdings in JSW Steel, offloading 25 million equity shares worth approximately ₹3,150 crore through a bulk deal on the National Stock Exchange.
According to a regulatory filing, the transaction was executed on May 18 as part of a strategic move to unlock capital. After the sale, JSW Energy continues to hold around 4.50 crore shares of JSW Steel.
The company stated that the partial divestment is aimed at improving financial flexibility and supporting its broader growth plans. By monetising part of its investment in JSW Steel, JSW Energy expects to strengthen its return on capital employed and enhance disciplined capital allocation.
The stake sale is being viewed as a liquidity-boosting step, allowing the company to redirect resources toward future expansion opportunities while maintaining a substantial holding in JSW Steel.