JSW Energy to hold meetings for GE Power India scheme
JSW Energy Limited is set to convene meetings for its equity shareholders and unsecured creditors following an NCLT order dated June 2, 2026. The meetings, to be held via video conferencing within 70 days from June 3, 2026, will consider the scheme of arrangement with GE Power India Limited. The scheme falls under Sections 230 to 232 of the Companies Act, 2013.

*this image is generated using AI for illustrative purposes only.
JSW Energy has received an order from the National Company Law Tribunal (NCLT), Mumbai Bench, directing it to convene meetings of its equity shareholders and unsecured creditors. The meetings will consider the proposed scheme of arrangement between GE Power India Limited and JSW Energy Limited under Sections 230 to 232 of the Companies Act, 2013. The tribunal's order, dated June 2, 2026, was uploaded on the NCLT website on June 3, 2026.
The company has been instructed to hold these meetings through video conferencing or other audio-visual means within 70 days from the receipt of the order, which is June 3, 2026. The purpose of the meetings is to consider and, if deemed fit, approve the scheme. The scheme involves GE Power India Limited, referred to as the Demerged Company, and JSW Energy Limited, referred to as the Resulting Company.
The intimation was submitted to the stock exchanges pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This follows previous intimations sent by the company on September 18, 2025, and April 2, 2026, regarding the same scheme.
A copy of the NCLT order is available on the company's website. The scheme of arrangement aims to define the terms between the two companies and their respective shareholders. The meetings will allow stakeholders to vote on the proposed corporate restructuring.
| Detail | Information |
|---|---|
| NCLT Order Date | June 2, 2026 |
| Order Uploaded | June 3, 2026 |
| Meeting Deadline | Within 70 days from June 3, 2026 |
| Meeting Mode | Video conferencing / other audio-visual means |
| Regulation | Regulation 30 of SEBI LODR Regulations, 2015 |
Historical Stock Returns for JSW Energy
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.99% | -2.96% | +3.89% | +27.04% | +14.76% | +332.42% |
Which specific business segment or assets of GE Power India Limited are being demerged into JSW Energy, and how will this impact JSW Energy's capacity and revenue mix?
How might the absorption of GE Power India's operations strengthen JSW Energy's competitive positioning in India's power equipment and generation sector?
What is the likely timeline for regulatory approvals beyond the NCLT process, including clearances from SEBI and stock exchanges, before the scheme becomes effective?


































