Announced Wed, 22 Jul · 12:45 IST
JSW Energy shareholders, creditors approve GE Power India demerger scheme
JSWENERGY · 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
-1.8%1-day move
₹565.65
prior close
₹566.30
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.5+0.6+0.2-1.8-2.8-2.8———————
Up moveDown movePending
AI summary
Equity shareholders (99.9999% in favor, 90.12% polled) and unsecured creditors (100% in favor) of JSW Energy approved the Scheme of Arrangement with GE Power India (Demerged Company) at NCLT-convened meetings on July 20, 2026. The scheme involves demerger of GE Power India into JSW Energy under Sections 230-232 of the Companies Act. Next steps include NCLT and other regulatory approvals.
Likely market impact
Positive; brings GE Power India business into JSW Energy, subject to further NCLT and regulatory approvals.