Home » News » JSW Energy promoter pledges 6.78% stake/news06012012
JSW Energy promoter pledges 6.78% stake/news06012012
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Friday, January 06, 2012
However, the financial details were not disclosed.
Sun Investments pledged 540,000 shares of JSW Energy on December 28, according to a regulatory filing.
These 540,000 shares have been pledged in favour of L&T Finance, the filing said.
Sun Investments Private Ltd's shareholding in the company stood at 16.52% as on December 28, 2011. At the end of September quarter, Sun Investments Private Ltd held 9.73% stake in the company, out of which 3.50% shareholding was pledged.
An energy company, JSW Energy is part of diversified JSW Group. The firm expects to have a power generation capacity of over 12,000 MW by 2016.
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