Sajjan Jindal Family Trust to Sell JSW Infrastructure Shares Worth ₹1,200 Crore

The Sajjan Jindal Family Trust is planning to sell shares worth up to ₹1,200 crore in JSW Infrastructure through a block deal, according to a report by ET Now. The floor price for this share sale has been set at ₹288 per share, and the offering includes up to 42 million shares. At 12:36 PM, JSW Infrastructure's share price was down 2.27% and was trading at ₹290.30.

A Move to Meet SEBI's Public Shareholding Norms

This planned sale is in line with SEBI’s minimum public shareholding (MPS) rules, which require all listed companies to maintain at least 25% public ownership. As of now, the Sajjan Jindal Family Trust holds a significant 80.72% stake in JSW Infrastructure, while total promoter holding stands at 85.62%.

JSW Infrastructure earlier confirmed via a regulatory filing that the Trust, through trustees Sajjan Jindal and Sangita Jindal, will reduce its stake by up to 2% in one or more phases. This will be done via open market transactions between May 13, 2025, and March 31, 2026, or until the 25% public holding requirement is met.

Strong Market Performance Since Listing

JSW Infrastructure got listed on the stock exchanges on October 3, 2023. Since its listing, the company’s stock has gained around 18%. As per SEBI norms, newly listed companies get up to three years to meet the 25% public shareholding rule, and this sale will help JSW Infrastructure move closer to compliance.

India’s Second-Largest Private Port Operator

JSW Infrastructure is the second-largest private port operator in India, with a current handling capacity of 177 million tonnes per annum (mtpa). The company is also expanding its presence in the logistics sector and aims to reach ₹8,000 crore in revenue by FY30.

Conclusion 

The share sale by the Sajjan Jindal Family Trust is a strategic step toward regulatory compliance and will also improve the liquidity of JSW Infrastructure stock in the market.
Read more on: Airtel Share Price in Focus; Singtel to Offload ₹8,500 Crore Stake via Block Deal. 
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