Announced Thu, 1 Oct, 2026 · 21:27 IST
NCLT sanctions Scheme of Arrangement between GE Power India and JSW Energy
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
+7.5%1-day move
₹682.80
prior close
₹699.80
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.4-1.0-0.8+0.6+7.5+2.2-3.3———————
Up moveDown movePending
AI summary
GE Power India informed exchanges that the NCLT Mumbai Bench has sanctioned the Scheme of Arrangement between GE Power India Limited and JSW Energy Limited and their respective shareholders under Sections 230 to 232 of the Companies Act, 2013. The sanction order was passed on 1 October 2026. A certified copy of the order is awaited. The company will notify the effective date and record date to the stock exchanges in due course.
Likely market impact
Major corporate restructuring cleared by NCLT. Effective and record dates to follow, paving the way for share entitlement or restructuring for shareholders.