StockWatch
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Power Generation
Corporate Action18 Jun 2026, 10:30 pm

JSW Energy: NCLT-convened meeting for GE Power scheme approval

AI Summary

JSW Energy Ltd. will hold an NCLT-convened meeting for its unsecured creditors on July 20, 2026, at 12:30 p.m. (IST) via video conferencing. The meeting's objective is to consider and approve a proposed Scheme of Arrangement involving JSW Energy Limited and GE Power India Limited. This follows a National Company Law Tribunal (NCLT) order dated June 3, 2026, directing the company to convene such meetings. E-voting facilities will be available from July 16 to July 19, 2026, with a cut-off date of May 31, 2026. All relevant documents, including the scheme and explanatory statement, are accessible on the company and stock exchange websites.

Key Highlights

  • NCLT directed JSW Energy to convene unsecured creditors' meeting.
  • Meeting scheduled for July 20, 2026, via video conferencing.
  • Purpose is to approve a scheme with GE Power India Limited.
  • E-voting available from July 16 to July 19, 2026.
  • Scheme documents are available on company and exchange websites.