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Sajjan Jindal Trust sells 2% stake in JSW Infra for ₹1,210 crore
short by Shristi Acharya / on Saturday, 17 May, 2025
Sajjan Jindal Family Trust sold a 2% stake in JSW Infrastructure for ₹1,210 crore to multiple investors, including the Singapore government. The share sale is aimed at complying with SEBI's minimum public shareholding norms by the promoters, as Sajjan Jindal is JSW Group's MD. The trust divested 0.88% of the stake to Singapore government for ₹531 crore through block deals.
read more at NDTV Profit