Approval of the Company's Settlement Proposal for KSK Water Infrastructures Private Limited by the Committee of Creditors

JSW Energy's settlement proposal for clearing the debt of KSK Water Infrastructures Private Limited (KWIPL) has been approved by the Committee of Creditors. KWIPL, a step-down subsidiary, is currently under the corporate insolvency resolution process. JSW Energy had acquired KSK Mahanadi Power Company (KMPCL) in March 2025, through which it gained significant indirect ownership in KWIPL. The CoC has also approved withdrawing the insolvency resolution process for KWIPL. However, the actual closure of the transaction still depends on the National Company Law Tribunal (NCLT) approving the withdrawal. This is part of JSW Energy's broader effort to consolidate and clean up the KSK group of power and water assets it acquired earlier.