Date: 03rd June 2026
NCLT Order Details
GE Power India Limited has received an order from the Hon'ble National Company Law Tribunal, Mumbai Bench dated 2nd June 2026. The order was uploaded on the Tribunal's website on 3rd June 2026.
The Tribunal has directed the Company to convene meetings of:
- Equity Shareholders of the Company
- Unsecured Creditors of the Company
These meetings are to be conducted through video conferencing/other audio-visual means within 70 days from the date of receipt of the order uploaded online (3rd June 2026).
The purpose of these meetings is to consider, and if thought fit, approve the proposed Scheme of Arrangement between GE Power India Limited ("Demerged Company") and JSW Energy Limited ("Resulting Company") and their respective shareholders and creditors.
The Scheme is being implemented under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013.
This disclosure follows previous communications dated 18th September 2025 and 2nd April 2026 regarding the same Scheme of Arrangement.
A copy of the order is available on the company's website at https://www.gevernova.com/regions/asia/in/ge-power-india-limited