Jayaswal Neco to raise ₹1,800 crore via debentures

Jayaswal Neco Industries Limited announced on December 5, 2025, that its board of directors approved raising up to ₹1,800 crore. This capital will primarily refinance the company's existing debt through the issuance of unlisted, unrated, secured, redeemable, fully paid-up non-convertible debentures.

The issuance will comprise 180,000 debentures, each with a face value of ₹1 lakh. These debentures will be offered on a private placement basis and are not proposed to be listed on any stock exchange.

Key terms such as the tenure, coupon/interest rate, payment schedule, and redemption details will be mutually determined by the company and the subscribers at a later date.