Jindal Family Trust to Sell Rs 12 Bn in JSW Infra Shares

19 May 2025 CW Team

The Sajjan Jindal Family Trust is reportedly preparing to divest shares worth up to Rs 12 billion in JSW Infrastructure via a block deal, as part of efforts to meet regulatory requirements on public shareholding.

The floor price for the sale has been fixed at Rs 288 per share, with as many as 42 million shares on offer.

According to the latest exchange filings, the Trust currently holds an 80.72 per cent stake in the company, while total promoter ownership stands at 85.62 per cent.

In an earlier regulatory disclosure, JSW Infrastructure confirmed that the Sajjan Jindal Family Trust, through its trustees Sajjan Jindal and Sangita Jindal, intends to offload up to 2 per cent of its stake in one or more tranches.

The planned divestment, which will be executed via the open market, is intended to help the company comply with SEBI’s minimum public shareholding (MPS) norms.

The stake sale window is open from 13 May 2025 until 31 March 2026, or until the required MPS level is achieved—whichever comes first.

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