JSW Infrastructure Limited has incorporated a wholly owned subsidiary namely JSW JNPT Liquid Terminal Private Limited on March 13, 2024. The registered office address of JSW JNPT is situated at Jindal Mansion, 5A, Dr. G. Deshmukh Marg 400026. Industry to which the entity being acquired belongs: Infrastructure (port related industry).

Objects and effects of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity): Company has received a Letter of Intent (`LOI') from Jawaharlal Nehru Port Authority for Equipping, Operation, Maintenance and Transfer of Additional Liquid Cargo Berths LB3 and LB4 at Jawaharlal Nehru Port. The terms of said LOI requires incorporation of a Special Purpose Vehicle to enter into a concession agreement within 30 days of the issue of LOI. Accordingly, the Company has incorporated a new entity for the purpose of entering into the said concession agreement and to fulfill the obligations as stated in the said agreement.

Nature of consideration - whether cash consideration or share swap and details of the same: Initial capital subscription in cash.