GE Power India Ltd: NCLT Meeting for Scheme of Arrangement
GE Power India Ltd has issued a notice for NCLT-convened meetings of its equity shareholders and unsecured creditors. These meetings, scheduled for July 20, 2026, will consider and approve a Scheme of Arrangement between GE Power India Ltd and JSW Energy Ltd. The meetings will be conducted via video conferencing, with remote e-voting available from July 16 to July 19 for shareholders and from July 16 to July 19 for creditors. The cut-off date for e-voting is July 13 for shareholders and May 31 for creditors. This filing is a procedural step related to the proposed scheme.
Key Highlights
- NCLT convenes meetings for shareholders and creditors.
- Scheme of Arrangement between GE Power India and JSW Energy to be considered.
- Meetings to be held on July 20, 2026, via video conferencing.
- Remote e-voting period is from July 16 to July 19, 2026.
Price Impact
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GE Power India Ltd: NCLT Meeting for Scheme of Arrangement with JSW Energy