Announced Tue, 21 Jul · 16:54 IST
GE Power India-JSW Energy demerger scheme approved by shareholders and creditors
Board & Shareholder Meetings View source PDF
GVPIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-5.1%1-day move
₹818.45
prior close
₹820.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.6-0.3-0.6-0.8-5.1-2.1-4.6———————
Up moveDown movePending
AI summary
NCLT convened meetings of GE Power India equity shareholders and unsecured creditors on July 20, 2026 approved the scheme of arrangement with JSW Energy. Equity vote: 99.9987 percent in favour (about 4.8 crore shares, 71.49 percent turnout). Promoters fully backed the scheme. Unsecured creditors: 99.94 percent in favour by value. Next steps: NCLT sanction and other regulatory approvals remain.
Likely market impact
Major step in GE Power India demerger with JSW Energy. NCLT sanction and other approvals remain before completion.