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Bloomberg Quint

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Image Credit: Bloomberg Quint

JSW Steel To Raise Rs 14,000 Crore Via Bonds, Equity

  • JSW Steel plans to raise Rs 14,000 crore via debt and equity.
  • The proposal includes raising Rs 7,000 crore through qualified institutional placement and Rs 7,000 crore via non-convertible debentures with warrants.
  • The announcement was made on the day of JSW Steel's Q4 results.
  • The board approved the fundraise according to a stock exchange filing.

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