Announced Mon, 20 Jul · 20:05 IST
NCLT meetings held to approve GE Power India and JSW Energy scheme of arrangement
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
-3.3%1-day move
₹832.55
prior close
₹841.40
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.1-1.2-1.4-0.6-3.3-6.7-3.8-6.2——————
Up moveDown movePending
AI summary
NCLT-convened meetings of equity shareholders and unsecured creditors of GE Power India were held on 20 July 2026 via video conferencing to consider and approve the proposed Scheme of Arrangement with JSW Energy Limited under Sections 230-232 of the Companies Act, 2013. Remote e-voting ran from 16 to 19 July. Voting results and scrutinizer's report will be filed separately.
Likely market impact
A key step in the GE Power India and JSW Energy restructuring. Await voting results and next NCLT hearings to confirm final approval.