Sajjan Jindal looks set to raise about Rs 2,000 crore from the sale of a 10-15% stake in JSW Energy BSE -1.56 % to wealthy investors through a qualified institutional placement, or QIP, said two people with direct knowledge of the plan. JPMorgan, Bank of America Merrill Lynch and CLSA have been appointed to manage the exercise, they said.
Sajjan Jindal set to sell 15% in JSW Energy for Rs 2000 crore thorugh QIP
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