JSW Infrastructure Limited — Important, 19-03-2025: Updates

**Update on JSW Tuticorin Multipurpose Terminal Private Limited**

JSW Infrastructure has received a credit rating assignment from ICRA Limited for its wholly owned subsidiary, JSW Tuticorin Multipurpose Terminal Private Limited (JTMTPL). The rating covers various facilities, including a short-term working capital facility of ₹3 crore rated at [ICRA]A1, and long-term facilities totaling ₹500 crore rated at [ICRA]A+ (Stable). Additionally, a long-term non-fund-based working capital facility of ₹40 crore is rated [ICRA]A+(Stable)/[ICRA]A1.

JTMTPL is currently executing a project focused on mechanizing North Cargo Berth-III at V.O. Chidambaranar Port. This marks a significant step in enhancing the terminal's capacity for handling dry bulk cargo, potentially improving operational efficiency and reinforcing its market position. Stakeholders should monitor the project's progress, as successful execution may lead to increased revenue and strengthen the company's growth trajectory.