
AGM/EGM21 Jul 2026, 05:10 pm
GE Power India Creditors Approve Scheme of Arrangement
AI Summary
GE Power India Ltd announced that the resolutions presented at the NCLT convened meetings of Equity Shareholders and Unsecured Creditors on July 20, 2026, were passed with the requisite majority. The meetings, held via Video Conferencing/Other Audio-Visual Means, were convened as per the National Company Law Tribunal's order dated June 2, 2026. The approved resolution pertains to the Scheme of Arrangement between GE Power India Limited and JSW Energy Limited. Voting results and the Scrutinizer's Report are available on the company's website and the Registrar and Share Transfer Agent's website.
Key Highlights
- Unsecured Creditors and Equity Shareholders approved the Scheme of Arrangement.
- The resolution was passed with the requisite majority as per Companies Act, 2013.
- Meetings were convened under NCLT order via Video Conferencing.
- Voting results and Scrutinizer's Report are publicly available.
Price Impact
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