About JSW Projects Limited

JSW Projects Limited (‘The Company’) was incorporated on August 21, 2006 with the main object is to undertake setting up of projects for Steel making, Port, infrastructure, mining, cement, chemical, energy generation and distribution, industrial gases etc. on EPC basis and /or Build Operate Transfer (BOT), Build Own Operate Transfer (BOOT) or Build Own Lease Transfer (BOLT) basis or in such manner as may be considered expedient, by the client.

The Company had setup and is running the following plants as per BOOT agreement with JSW Steel Limited, setup at Vidyanagar, District Bellary, Karnataka, within premises of the existing integrated steel plant of JSW Steel Limited:

a)  Coke Dry Quenching (CDQ) plant with 3.42 MTPA capacity
b)  Direct Reduction Iron (DRI) plant based on Corex gas with 1.20 MTPA capacity
c)  Captive Power Plant (CPP) 76 MW capacity 


The Company is also operating following plants at Sultanpur and near Hospet in Karnataka:

a)  Direct Reduction Iron (DRI) plant 0.12 MTPA capacity and Captive Power Plant (CPP) 8MW capacity at Sultanpur
b)  Pellet Plant 0.3 MTPA capacity near Hospet

The Company had also acquired 58.47% stake in BMM Ispat Limited (BMM) during October 2020. 




Directors & Key Managerial Persons Profile

Mr Nagendra Kumar, Whole-time Director (DIN 08010964)
Mr P. Nagendra Kumar, aged 57 years holds a degree in B.E. (Mechanical) from Andhra University, Andhra Pradesh. He has an overall 28 years of industrial experience in Project execution & Plant maintenance.  He has been associated for over 25 years with JSW group and has served the Company in different capacities; specifically, in the field of Ironmaking i.e., Blast Furnaces & COREX units and has headed various departments and projects successfully.
Mr Vineet Agarwal, Director (DIN 02027288)
Mr. Vineet Agrawal, aged 50 years handles various core functions like Strategic Planning, Regulatory Compliance, Legal and Fiscal Analysis, Corporate Advisory and Financial Decision Making for Business Development and Support Modules. Prior to joining JSW Group, Mr Vineet Agrawal worked in the Income Tax Department, Ministry of Finance, having joined Indian Revenue Service in 1997 for almost a decade, he worked in various capacities in the administration of Tax Laws, Resource Planning and Investigative Leadership. He has an engineering background being an M. Tech (Management and Systems) from IIT, Delhi, and recipient of the prestigious “Finance Minister’s Gold Medal” for his outstanding performance as an officer of the Indian Revenue Services (IRS)
Mr. B. N. Singh, Independent Director (DIN 06794208)
Mr. B. N. Singh, aged 76 years has completed his B. Sc. Engineering (Hons.) in Metallurgy. He is specialized in Management systems, design, construction, commissioning, operation of various industrial units like raw material handling systems, blast furnace of various sizes, sinter plants, pellet plants, auxiliary services, coke making and by-product plants, cement plants, DR plants, large industrial workshops, power plants, iron ore benificiation plant etc. in India and abroad, and Automation systems for Industry. He have work experience of more than over 50 years for companies like SAIL, MECON and many other. His experience, as part of MECON, India as a General Manager under metals. He was also the Vice president of Solida S.A, a Brazil based Company, in the business of setting up Projects. He was also an advisor for JSW Steel for more than 10years. He is been awarded for various forums for excellence in Design of Tuyere Stock with compensator and also for Design of cast house Runner system with Reverse separation of slag.
Dr Rakhi Jain, Independent Director (DIN 07138042)
Dr Rakhi Jain, aged 52 years, has done her post-graduation from Delhi University and hold a degree of Doctorate in Home Science from the University of Delhi titled: 'Factors Affecting Sexual Risk-Taking Behavior and Reproductive Health among adolescent girls'. She has vast field experience and has been associated with Water and Sanitation Project of UNICEF as project officer and Consultant and Resource Person for Indira Gandhi National Open University.
Mr.Bhushan Prasad, Chief Financial Officer
Mr Bhushan Prasad, aged 58 years, holds a degree in B.A in Economics & Maths. He is also an associate member of the Institute of Cost Accountants of India and holds a degree in Executive MBA from NMIMS. He has over 29 years of experience in Finance & accounts.
Ms. Maitri Thakkar, Company Secretary and Compliance Officer
Ms. Maitri Thakkar, is a member of the Institute of Company Secretaries of India and holds a degree in B.A in Economics and L.L.B. She has more than 5 years of rich experience in the field of Company Secretarial and Legal Functions.



Financial Information

Annual Reports
Annual Report for F.Y. 2022-23 Download
Annual Report for F.Y. 2021-22 Download
Annual Report for F.Y. 2020-21 Download
Annual Report for F.Y. 2019-20 Download
Annual Report for F.Y. 2018-19 Download
Annual Report FY 2017-18 Download
Annual Report FY 2016-17 Download
Annual Report FY 2015-16 Download
Financial Results
FY 2023-24
BM Outcome Q2 2024 Download
BM Outcome Q1 2024 Download
FY 2022-23
BM Outcome Q4 2023 Download
BM Outcome Q3 2023 Download
BM Outcome Q2 2022 Download
BM Intimation Q2 2022 Download
BM Outcome Q1 2022 Download
BM Intimation Q1 2022 Download
FY 2021-22
BM Outcome Q4 2021 Download
BM Intimation Q4 2021 Download
BM Outcome Q3 2021 Download
BM Intimation Q3 2021 Download
BM Outcome Q2 2021 Download
BM Intimation Q2 2021 Download
FY 2020-21
BM Outcome Q4 2020-21 Download
BM Intimation Q4 2020-21 Download
BM Outcome Q2 2020-21 Download
BM Intimation Q2 2020-21 Download
FY 2019-2020
BM Outcome Q4 19-20 Download
BM Intimation Q4 19-20 Download
BM Outcome Q2 19-20 Download
BM Intimation Q2 19-20 Download
FY 2018-19
Half Yearly and Year Ended Result for the March 31, 2019 Download
FY 2017-18
Financial Result for Half Year and Year ended March 31, 2018 Download

Debenture Details



No. of Debentures

Nominal Value

Paid-up Value


Rated, Listed, Zero Coupon, Redeemable, Non-Convertible Debentures





Catalyst Trusteeship Limited
(Erstwhile GDA Trusteeship Limited)
Windsor, 6th floor, Office No.604, off
C.S.T. Road, Kalina, Santacruz (East), Mumbai- 400098
Tel:- 022- 49220555 
Email- dt@ctltrustee.com

Credit rating - BWR AA- (CE)/stable


Investor Grievances

Are you facing a problem or have queries regarding the securities of the Company?
Do not worry, this is the right place to address all your investor related problems.
Just submit any grievance you may have related to the Securities of the company via Email
Compliance Officer - Ms. Shilpa Nimesh Satra

Email Address for grievance redressal: shilpa.satra@jsw.in