JSW Steel Ltd recommends dividend, approves funding and re-appoints director
JSW Steel · Ferrous Metals
Key highlights
- Board recommends final dividend of ₹7.10 per equity share for fiscal year ended March 31, 2026.
- Approved raising up to ₹7,000 crore via Non-Convertible Debentures with warrants and/or equity shares through Qualified Institutions Placement, subject to shareholder approval.
- Re-appointed Ms. Fiona Jane Mary Paulus as Independent Director for second term from May 27, 2027, to May 26, 2032; profile includes 45 years in investment banking and multiple global board roles.
Why it's rated notable: amount is ₹500 crore or more
Original filing
Announcement under Regulation 30 (LODR)-Raising of Funds
Read the filing on BSE (PDF) →Companies guiding to strong growth
Ranked by management's own guidance on revenue and margins — not by us.
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More from JSW Steel
- Acquisition / mergerNotableJSW Steel approves Sambalpur plant expansion and UAE subsidiary incorporation
- Acquisition / mergerNotableJSW Steel: NCLT sanctions merger of Piombino Steel Limited into the company
- Acquisition / mergerNotableJSW Steel shareholders approve Scheme of Amalgamation with Piombino Steel
- Acquisition / mergerNotableJSW Steel Limited shareholders approve Scheme of Amalgamation on August 21, 2026
- Credit ratingNotableMoody’s upgrades JSW Steel to Baa3 investment grade with stable outlook
Other fundraise / allotment filings this fortnight
- Supreme Engineering allots 14,50,00,000 warrants at ₹2.60 on preferential basis
- Bajaj Finance Limited allots 5.74 crore warrants to Bajaj Finserv on 10 Nov 2026
- Bajaj Finance approves preferential issue of 5.74 crore warrants to Bajaj Finserv
- Chaman Metallics Limited announces H1 FY27 financial results and proposed Rights Issue
- Harmony Capital Services receives BSE approval for preferential issue of shares
- Kuber Udyog: open offer corrigendum, allotments of shares and warrants at ₹23.10
Potential multibaggers · Q2 FY27
Potential multibaggers in Ferrous Metals
on management's own guidance
- Jindal SteelGood growth2
- Strong growth1
- Jai Balaji IndustriesGood growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.