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JSW Cement to raise ₹1,500 cr to expand, to list by 2022: Parth Jindal
short by Rishabh Bhatnagar / on Thursday, 26 November, 2020
JSW Cement MD Parth Jindal said they are planning to raise around ₹1,500 crore ($200 million) to fund their ₹3,600 crore expansion over the coming years. Jindal added that they will invest ₹1,500 crore to expand their Shiva Cement plant in Odisha. He also revealed that they hope to go public by December 2022 after it getting delayed in 2020.