Fidelity increased its stake in JSW Infrastructure Limited from 1.90% to 1.97% by purchasing 1,566,700 additional shares, bringing its total to 45,824,000 shares. This increase likely occurred as part of a Qualified Institutional Placement (QIP) by JSW Infrastructure, which aimed to raise capital and comply with minimum public shareholding norms.
A leading provider of maritime infrastructure and port services in India, JSW Infrastructure operates comprehensive cargo handling, storage, and logistics facilities across multiple strategic locations. The company specializes in integrated port operations, serving diverse industries through modern infrastructure and specialized handling capabilities. Its vertically integrated approach encompasses terminal operations, warehousing, supply chain solutions, and vessel services for both domestic and international trade activities.
Boston-based global active asset manager with India exposure through emerging market and India-focused funds.
