GE Power India fixes record date for ₹7 final dividend

1 min read     Updated on 22 Jul 2026, 11:55 PM
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GE Power India Limited has fixed July 31, 2026 as the record date to determine eligibility for a final dividend of ₹7 per share for FY26. The dividend, subject to AGM approval, represents a 70% payout on a face value of ₹10. The 34th AGM is set for August 14, 2026, via video conferencing.

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GE Power India Limited has fixed Friday, 31 July 2026 as the record date to determine shareholder eligibility for the final dividend for the financial year ended 31 March 2026. The Board of Directors has recommended a dividend of ₹7 per equity share, representing a 70% payout on a face value of ₹10 each, subject to approval at the upcoming Annual General Meeting (AGM). The dividend will be paid electronically to eligible members, subject to tax deduction at source.

The 34th AGM is scheduled to be held on Friday, 14 August 2026 at 11:30 a.m. via Video Conferencing or Other Audio Visual Means. The record date was established in compliance with Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Shareholders holding physical shares must ensure their bank details are updated to receive the payout.

Key Dividend Details

Parameter Details
Dividend Type Final Dividend
Amount per Share ₹7
Face Value ₹10 each
Financial Year FY26
Record Date July 31, 2026
AGM Date August 14, 2026

The company has also informed shareholders about a special window for the transfer and dematerialisation of physical securities sold or purchased prior to 01 April 2019. This window, opened by SEBI, is available for one year from 05 February 2026 to 04 February 2027. KFin Technologies Limited is the Registrar and Transfer Agent for the company.

Historical Stock Returns for GE Power

1 Day5 Days1 Month6 Months1 Year5 Years
-1.67%-0.05%-18.68%+120.45%+138.41%+129.68%

How will the 70% payout ratio impact GE Power India's capital allocation plans for future growth projects?

What market reaction is anticipated regarding the stock price leading up to the July 31, 2026 record date?

Does this dividend signal a sustained improvement in cash flow for the company given the financial year ending March 2026?

GE Power India shareholders approve JSW Energy scheme

1 min read     Updated on 21 Jul 2026, 06:12 PM
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GE Power India announced that its equity shareholders and unsecured creditors approved the proposed scheme of arrangement with JSW Energy. The equity shareholders passed the resolution with 99.99% of votes in favour, while unsecured creditors approved it with 99.93% of votes in favour by value. The meetings were held on July 20, 2026, pursuant to NCLT directions.

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GE Power India announced that its equity shareholders and unsecured creditors have approved the proposed scheme of arrangement with JSW Energy. The resolution was passed with the requisite majority during meetings convened on July 20, 2026, pursuant to the directions of the National Company Law Tribunal (NCLT), Mumbai Bench. The scheme facilitates the arrangement between GE Power India Limited and JSW Energy Limited under Sections 230 to 232 of the Companies Act, 2013.

The equity shareholders' meeting approved the scheme with 99.99% of the votes polled in favour. A total of 48,058,883 votes were cast, representing 71.48% of the outstanding shares. The promoter group cast 46,102,083 votes, all in favour. Public institutions and non-institutions also supported the resolution, with 388,570 and 1,567,616 votes in favour respectively.

The unsecured creditors' meeting also approved the scheme with 99.93% of the votes in favour by value. The total value of votes cast was ₹1,325,478,994, with ₹1,324,628,994 voting in favour. The meetings were held via video conferencing, chaired by Hon'ble Member (Retd.) (J) Shri Mohan Prasad Tiwari.

Voting Results Summary

Category Votes Polled Votes in Favour % in Favour
Promoter Group 46,102,083 46,102,083 100.00
Public Institutions 388,570 388,570 100.00
Public Non-Institutions 1,568,230 1,567,616 99.96
Total Equity 48,058,883 48,058,269 99.99
Unsecured Creditors (Value) ₹1,325,478,994 ₹1,324,628,994 99.93

Ms. Pooja Singhal, Practicing Company Secretary, served as the Scrutinizer for the meetings. The company stated that the detailed voting results and the Scrutinizer's Report have been submitted to the exchanges and are available on its website.

Historical Stock Returns for GE Power

1 Day5 Days1 Month6 Months1 Year5 Years
-1.67%-0.05%-18.68%+120.45%+138.41%+129.68%

What is the expected timeline for the National Company Law Tribunal (NCLT) to grant final approval to the scheme?

How will this acquisition impact JSW Energy's overall market share and competitive positioning in the Indian power sector?

What are the anticipated operational synergies and cost savings following the integration of GE Power India into JSW Energy?

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1 Year Returns:+138.41%