JSW Energy approves GE Power India boiler business demerger

Demerger Ratio AnnouncedStrategic Transactions View source PDF Explain this filing

JSWENERGY · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.5%Reaction day

₹538.00

prior close

₹551.00

announcement price

After-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+0.0%+1.5% vs market

Power Generation peers, median of 26sector+0.5%+1.0% vs sector

On the reaction day the stock moved 1.5 pts more than Nifty Midcap 150 and 1.0 pts more than its Power Generation peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.8

10m

-0.3

15m

-1.1

30m

-0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.5+0.0+1.5+0.5+1.0

Next day

+1.1-0.6+1.7+0.4+0.7

+1.3-0.8+2.1-0.7+2.0

-0.4-1.7+1.3-1.6+1.2

-1.7-2.4+0.7-2.2+0.5

-3.2-4.3+1.1-4.0+0.9

-0.9-3.9+3.0-5.5+4.5

15d

+1.4-0.7+2.1-4.4+5.7

-2.4+0.1-2.5-4.3+1.8

-4.6+2.4-7.0-8.4+3.8

-11.3+1.1-12.5-14.5+3.2

UpDownMarket · Nifty Midcap 150Sector · Power Generation peers, median of 26Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

JSW Energy's board approved a scheme to transfer GE Power India's Durgapur plant business, which makes boiler parts, pressure vessels, piping and coal mills for thermal power plants, to JSW Energy. JSW will issue 10 fully paid shares of INR 10 each for every 139 GE Power India shares of INR 10 each. The deal aims to improve supply control and reduce reliance on outside suppliers. It remains subject to regulatory and stock exchange approvals.

Likely market impact

The deal could improve supply control, costs and scale, but new JSW shares may dilute existing holders and completion remains conditional on approvals.