Jayaswal Neco Industries board to consider major fundraise of ₹1,800 crore

Jayaswal Neco Industries Limited's board of directors will convene on Friday, December 5, 2025, to consider and approve raising funds up to ₹18,00,00,00,000/- (Indian Rupees Eighteen Hundred Crores). This decision was communicated to both the National Stock Exchange of India Limited and BSE Limited on December 2, 2025.

The primary purpose of this significant fundraise is, among other things, the refinancing of existing debt. The company plans to achieve this through the issuance of unlisted, secured, redeemable, non-convertible debentures. These debentures will be issued in one or more series/tranches on a private placement basis.

This meeting aligns with Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.