JSW Infrastructure to acquire 3 rail logistics arms for Rs 1,212 crore
JSW Infrastructure has announced a major expansion into the railway rake business by buying three JSW-owned rake companies for Rs 1,212 crore. The company in its BSE filing said that JSW Port Logistics, it’s wholly owned subsidiary, has signed a Share Purchase Agreement (SPA) to buy 100% stake in JSW Rail Infra Logistics, JSW Minerals Rail Logistics and JSW (South) Rail Logistics.
