StockWatch
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Heavy Electrical Equipment
Corporate Action3 Jun 2026, 06:31 pm

GE Power India: Court Orders Shareholder Meeting for JSW Energy Merger

AI Summary

GE Power India Limited has received an order from the Hon'ble Tribunal directing the company to convene meetings for its Equity Shareholders and Unsecured Creditors. These meetings, to be held via video conferencing within 70 days of June 3, 2026, are to consider and approve the proposed Scheme of Arrangement with JSW Energy Limited. This is a significant step in the ongoing merger process between the two entities.

Key Highlights

  • Court orders shareholder and creditor meetings for merger scheme.
  • Meetings to approve arrangement with JSW Energy Limited.
  • Meetings to be held via video conferencing within 70 days.
  • Order received on June 2, 2026, uploaded June 3, 2026.