JSW Energy shareholders, creditors approve GE Power India demerger scheme

Nclt Scheme FiledStrategic 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

-0.9%Reaction day

₹565.65

prior close

₹566.30

announcement price

In-mkt

timing

Nifty Midcap 150market-1.1%+0.2% vs market

Power Generation peers, median of 28sector-0.8%-0.1% vs sector

On the reaction day the stock moved 0.2 pts more than Nifty Midcap 150 and 0.1 pts less 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

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10m

+0.5

15m

+0.6

30m

+0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.9-1.1+0.2-0.8-0.1

Next day

-1.8-2.0+0.2-2.3+0.6

-2.8-2.1-0.7-1.4-1.4

-2.8-1.0-1.8-0.8-2.1

-3.7-1.0-2.6-2.0-1.7

-3.5-0.2-3.3-1.2-2.3

-2.1-0.1-1.9-1.1-1.0

15d

-1.8+1.5-3.3-2.1+0.3

-3.7+1.1-4.8-4.1+0.4

-8.8-1.7-7.1-6.0-2.8

-18.0-9.2-8.7-16.4-1.6

UpDownMarket · Nifty Midcap 150Sector · Power Generation peers, median of 28Pending

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

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.