JSW Energy promoter pledges 9 stake

JSW Energy today said one of its promoters JSW Investments has pledged 8.78 per cent stake in the company.

In a notification to the Bombay Stock Exchange,JSW Energy said JSW Investments have pledged 24.47 lakh share in it on July 7 taking its total number of pledged shares to 14.4 crore.

JSW Investments8217; stake in JSW Energy stood at 32.36 per cent as on June-end.

JSW Energy8217;s scrip gained by 4.75 per cent to Rs 70.55 at the BSE over the previous day8217;s closing.