JSW Infrastructure Limited has acquired a 51% stake in South Minerals Port Company SAOC in Oman to bolster its logistics capabilities and support the country's mining sector.

Target Information

JSW Infrastructure Limited has formally entered into a definitive agreement to acquire a 51% stake in South Minerals Port Company SAOC, a newly established special purpose vehicle (SPV) in Oman. This acquisition will be executed through its subsidiary, JSW Overseas FZE, and aims to enhance the company’s presence in the burgeoning logistics and port sector in the region.

The agreement was finalized on November 17, 2025, and subsequently disclosed in filings with the appropriate stock exchanges. Under this agreement, JSW Overseas FZE will not only acquire approximately 51% of the SPV’s equity but will also purchase an additional nominee share, thus designating the Omani enterprise as a step-down subsidiary upon completion of the deal.

Industry Overview in Oman

The port and logistics industry in Oman has been witnessing significant growth, driven by strategic initiatives aimed at diversifying the economy and increasing trade capacity. Oman is geographically pos