Latest news with #JSWInfrastructureLimited
Business Upturn
5 days ago
- Business
- Business Upturn
JSW Infrastructure wins Rs 740 crore Kolkata port project under PPP model
By Aditya Bhagchandani Published on July 7, 2025, 23:01 IST JSW Infrastructure Limited, India's second-largest private port operator, announced on Monday, July 7, that it has received a Letter of Award (LoA) from the Syama Prasad Mookerjee Port Authority for the redevelopment of container facilities at Netaji Subhash Dock, Kolkata. The project involves the reconstruction of Berth No. 8 and mechanization of Berths 7 and 8 at the dock under the Design, Build, Finance, Operate, and Transfer (DBFOT) model through public-private partnership (PPP). Key highlights of the project: Concession period: 30 years. Estimated capex: ₹740 crore. Construction timeline: 2 years. The company can begin operations even during the construction phase to leverage Kolkata's steady cargo volumes. The development aligns with the Indian government's port privatization initiative. Post completion, the project is expected to enhance both the container-handling capacity and operational efficiency at the port. The investment also marks a milestone in JSW Infrastructure's strategy to diversify its cargo portfolio, particularly in the container segment. With this addition, JSW's total container-handling capacity is expected to reach close to 1 million TEUs, strengthening its presence on both the eastern and western coasts of India. On the west coast, JSW operates the New Mangalore Container Terminal, which is being expanded from 0.2 million TEUs to 0.35 million TEUs. About JSW Infrastructure JSW Infrastructure, part of the JSW Group, operates twelve ports and terminals across India and has an international presence with a liquid storage terminal in Fujairah, UAE. The company is targeting a total cargo-handling capacity of 400 million tonnes per annum by 2030, and recently acquired Navkar Corp to strengthen its last-mile logistics capabilities. The company reaffirmed its commitment to sustainability and ESG standards while continuing its strategic expansion. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
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Business Standard
5 days ago
- Business
- Business Standard
JSW Infrastructure bags ₹740 crore project to develop Kolkata port
JSW Infrastructure Limited on Monday announced that it had bagged a key project at Kolkata Port that would help the company grow its presence on the eastern coast and expand its cargo business. The company plans to invest ₹740 crore in the project, which is expected to take two years to complete. The company has been awarded the project by the Syama Prasad Mookerjee Port Authority for the reconstruction of Berth 8 and mechanisation of Berths 7 and 8 at Netaji Subhas Dock, Kolkata, aimed at increasing the container-handling capacity of the port. A berth is a designated location in a port where a ship can dock for the purpose of loading and unloading, or any other port activity. The project comes with a 30‐year concession period under the government's initiative to privatise ports. The move is important for JSW Infra as it is looking to diversify its business from bulk cargo to container shipping. The company already runs the New Mangalore Port on the western coast of the country. Earlier in June, the company's subsidiary JSW Jaigarh Port signed a memorandum of understanding with Konkan Railway Corporation (KRCL) to develop a dedicated rail siding that will further smoothen the movement of containers, bulk, and liquid cargo. JSW Infrastructure stock closed at ₹305.20, down ₹0.30 or 0.10 per cent on the BSE on Monday.
Mint
01-07-2025
- Business
- Mint
JSW Infrastructure and Polychem share prices in focus as stocks to trade ex-dividend today
Dividend Stocks: JSW Infrastructure and Polychem share prices will remain in focus on Tuesday, July 1, as they will trade ex-dividend today. JSW Infrastructure and Polychem have fixed Tuesday, 1 July, as the record date to identify the list of eligible shareholders to receive the dividend announced by these companies. Investors who wanted to take advantage of these companies' dividend announcements had to buy shares of JSW Infrastructure and Polychem at least one day prior to the record date in order to be eligible to receive dividends, as per the T+1 settlement method. JSW Infrastructure Limited: A final dividend of ₹ 0.80 per equity share of ₹ 2 was recommended by the Board of Directors to the company's members for announcement at the upcoming Annual General Meeting. The dividend announced translates into a 40% dividend payout considering the face value of the share. If the company's members decide to declare the above-recommended dividend at the upcoming 19th Annual General Meeting, it will be paid or dispatched within 30 days of the Annual General Meeting date, subject to any required tax deduction at the source, as per the company. Polychem Ltd.—On May 14, 2025, Polychem Ltd. had intimated the exchanges regarding the final dividend of ₹ 20/- per equity share of face value of ₹ 10/- each being approved by the Board. This dividend recommendation translates into a 200% dividend payout considering the face value of shares. The company has fixed Tuesday, 1st July, 2025, as the record date for the purpose of dividend payout, if any, for the financial year ended 31st March, 2025. The final dividend, if declared at the ensuing Annual General Meeting, will be paid within 30 days of the date of the AGM to those members whose names shall appear on the company's Register of Members as of Tuesday, 1st July, 2025, as per Polychem release.
Mint
01-07-2025
- Business
- Mint
JSW Infrastructure and Polychem share prices remain in focus as will trade ex-dividend today
Dividend Stocks: JSW Infrastructure and Polychem share prices will remain in focus as will trade ex-dividend today. JSW Infrastructure and Polychem have fixed Tuesday, 1 July 2025, as the record date to identify the list of eligible shareholders to receive the dividend announced by these companies. Investors who wanted to take advantage of these companies' dividend announcements had to buy shares of JSW Infrastructure and Polychem at least one day prior to the record date in order to be eligible to receive dividends, as per the T+1 settlement method. JSW Infrastructure Limited: A final dividend of Rs. 0.80 per equity share of Rs. 2 had been recommended by the Board of Directors to the company's members for announcement at the upcoming Annual General Meeting. The dividend announced translated into a 40% dividend payout considering the face value of the share. If the company's members decide to declare the above-recommended dividend at the upcoming 19th Annual General Meeting, it will be paid or dispatched within 30 days of the Annual General Meeting date, subject to any required tax deduction at the source, as per the company. Polychem Ltd.—On 14th May, 2025, Polychem Ltd. had intimated the exchanges regarding the final dividend of ₹ 20/- per equity share of face value of ₹ 10/- each being approved by the Board. This dividend recommendation translated into a 200% dividend payout considering the face value of shares. The company has fixed Tuesday, 1st July, 2025, as the record date for the purpose of dividend payout, if any, for the financial year ended 31st March, 2025. The final dividend, if declared at the ensuing Annual General Meeting, will be paid within 30 days of the date of the AGM to those members whose names shall appear on the company's Register of Members as of Tuesday, 1st July, 2025, as per Polychem release. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.
