JSW Infrastructure gains on incorporating wholly owned subsidiary

MUMBAI : JSW Infrastructure Limited informed the stock exchanges that the company had incorporated a wholly owned subsidiary, namely JSW Port Logistics Private Limited. This wholly-owned subsidiary was established on June 19, 2024.

The company incorporated JSW Port Logistics with authorized capital of 1 lakh comprising of 10,000 equity shares of Rs 10 per share.

JSW Infra has incorporated JSW Port Logistics for actively exploring opportunities to expand its presence in logistics infrastructure facilities, warehousing, container freight stations, and related areas.

The company will hold 100% shares of JSW Port Logistics. JSW Infrastructure a part of JSW Group, is the second largest commercial port operator in India in terms of cargo handling capacity. It develops and operates ports and port terminals pursuant to port concessions.