JSW Energy Limited announced that its equity shareholders and unsecured creditors have approved the Scheme of Arrangement with GE Power India Limited. The meetings were held via video conferencing on July 20, 2026, pursuant to an order dated June 2, 2026, from the National Company Law Tribunal (NCLT), Mumbai Bench. The approval allows the company to proceed with the merger under Sections 230 to 232 of the Companies Act, 2013.

Meetings Convened by NCLT

The NCLT convened the meetings of equity shareholders and unsecured creditors to consider the proposed scheme. The equity shareholders' meeting was held from 10:30 a.m. to 11:39 a.m. IST, followed by the unsecured creditors' meeting from 12:30 p.m. to 12:57 p.m. IST. Mr. Mohan Prasad Tiwari, former Hon'ble Member (J) of the NCLT, served as the Chairman for both meetings, while Ms. Pooja Singhal, Practising Company Secretary, acted as the Scrutinizer.

Voting Results and Proceedings

The company provided remote e-voting facilities for eligible stakeholders. For equity shareholders, the cut-off date was July 13, 2026, with voting open from July 16 to July 19, 2026. Unsecured creditors had a cut-off date of May 31, 2026, with the same voting window. The resolution was passed with the requisite majority as prescribed under Section 230(6) of the Companies Act, 2013.

Key Meeting Details

Management and Auditor Presence

Mr. Sharad Mahendra, Joint Managing Director & CEO, and Mr. Chandrasekaran Prabhakaran, Chief Financial Officer, attended the meetings from the registered office. Several directors, including Mr. Sunil Goyal and Ms. Rupa Devi Singh, participated via video conferencing. The representatives of Deloitte Haskins & Sells LLP, Statutory Auditor, and Purwar & Purwar Associates LLP, Secretarial Auditor, were also present.

JSW Energy Limited will hold a conference call on July 22, 2026, at 3:30 PM IST to discuss its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company's board is scheduled to meet on the same day to consider and approve the results for Q1FY27. The announcement was made in a regulatory filing citing Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Conference Call Details

The earnings call will feature key management personnel from JSW Energy Limited. Participants include Mr. Sharad Mahendra, Joint MD and CEO, and Mr. Chandrasekaran Prabhakaran, CFO. Mr. Bikash Chowdhury, Head - Investor Relations and ERM, will also be present.

Dial-in Information

Investors can join the call using universal dial-in numbers or toll-free numbers for international regions. Participants are advised to dial in 10 minutes prior to the scheduled start time.

The call is being facilitated by JM Financial Institutional Securities Limited. Queries regarding the event can be directed to their representatives. The transcript of the conference call will be made available on the company's website and filed with the stock exchanges.