JSW Infrastructure has incorporated a step-down wholly-owned subsidiary namely Khurja Rail Terminal (KRTPL) on January 23, 2026. 

KRTPL has been formed as a wholly owned subsidiary of JSW Port Logistics (JSWPLPL), wholly owned subsidiary of the JSW Infrastructure. Consequently, KRTPL has become a step down wholly owned subsidiary of the Company. The Resolution Plan for NCR Rail Infrastructure (NCR Rail) submitted by the company has been approved by National Company Law Tribunal, Mumbai, Bench II. In order to acquire NCR Rail, the company through JSWPLPL has incorporated KRTPL. Since, KRTPL is newly incorporated, it is yet to commence its business operations. 

JSW Infrastructure is part of the JSW Group, a multinational conglomerate with an international portfolio of diversified assets across various sectors, including steel, energy, infrastructure, cement, paints, venture capital, and sports.