JSW Steel Limited — Important, 23-05-2025: General Updates

JSW Steel has announced a board meeting on its upcoming AGM to approve a final dividend of Rs. 2.80 per share for FY25. The company plans to raise long-term funds up to Rs. 7,000 Cr via non-convertible debentures with warrants and/or equity shares through QIP, pending shareholder approval. It may also issue secured or unsecured NCDs up to Rs. 5,000 Cr for refinancing and growth. A new secretarial auditor has been appointed for five years, subject to approval.