JSW Energy shares surge 2%; check here why

Shares of JSW Energy surged nearly 2% after the announcement of a Board Meeting scheduled for April 2, 2024, to consider a fund-raising proposal.

JSW Energy’s board is set to convene on April 2 to deliberate on a proposal for raising funds through the issuance of eligible securities of the company via private offerings or on a preferential allotment basis.

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As of 10:17 am, the shares were trading 1.42% higher at ₹524.00.

About the company:

JSW Energy Limited is an Indian power company engaged in power generation, transmission, and trading. It is part of the JSW Group.