JSW Energy shareholders, creditors approve GE Power India merger scheme

Nclt Scheme FiledStrategic Transactions View source PDF

JSWENERGY · price

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AI summary

NCLT-convened meetings of JSW Energy's equity shareholders and unsecured creditors were held on 20 July 2026 via video conferencing. Both groups approved the Scheme of Arrangement between GE Power India Limited and JSW Energy Limited with the requisite majority under Sections 230-232 of the Companies Act. Shareholders asked about deal benefits, cost, share swap ratio, and completion timeline. Voting results to be filed separately.

Likely market impact

Scheme of Arrangement with GE Power India gets shareholder and creditor approval. Next step is NCLT sanction before the deal can take effect.