Nature of Disclosure: Regulatory intimation pursuant to SEBI Listing Regulations (Regulation 30) regarding a court order related to a scheme of arrangement.
Key Development: The company has received an order from the Hon'ble National Company Law Tribunal (NCLT), Mumbai Bench, dated 2nd June 2026. The order was uploaded on the tribunal's website on 3rd June 2026.
Order Directive: The NCLT has directed JSW Energy Limited to convene meetings of its:
- Equity Shareholders
- Unsecured Creditors
The meetings are to be held through video conferencing or other audio-visual means.
Timeline: The meetings must be convened within 70 days from the date of receipt of the order, which is specified as 3rd June 2026.
Purpose of Meetings: The meetings are to be held to consider and, if thought fit, approve the proposed Scheme of Arrangement.
Scheme Details: The scheme is between GE Power India Limited (the Demerged Company) and JSW Energy Limited (the Resulting Company) and their respective shareholders. It is being undertaken under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013.
Document History: This intimation is a continuation of previous communications dated 18th September 2025 and 2nd April 2026 regarding the same scheme.
Availability of Order: A copy of the NCLT order is available on the company's website at https://www.jswenergy.in/investors/scheme-of-arrangement/.