News Overview

Sanjiv Bajaj is related to Rajiv Bajaj (Brother), who is also on the Board of the Company.

Record date for dividend is 22 March 2022

The JV will be for engaging in the business of design, development, manufacture, marketing, sale, and service of inverter compressors.

The Company has also set up Waste Heat Recovery Power unit alongside the kiln, which will produce green power and help meet Company’s power requirement.

JSW Renew Energy (Kar), JSW Renewable Energy (Dolvi), JSW Energy (Kutehr), and JSW Hydro Energy have now become wholly owned subsidiaries of JSW Neo Energy.

The funds raised will be utilized towards ongoing growth initiatives including development and acquisition(s).

The board also approved appointment of Gaurav Aggarwal as Chief Executive officer (CEO) of the company.

The direct impact of Kinara providing access to credit has led to incremental income generation of Rs700+ crore for MSME entrepreneurs and led to supporting over 250,000 jobs in local economies across 90+ cities in India.

The credit rating agency has also assigned the earlier Long-term Issuer Rating of ‘IND A/Stable’.

Despite aggressive price rise, Fed restricted itself to just 25 bps rate hike in Mar-22 due to the geopolitical uncertainties surrounding the Russia Ukraine war.