Date: 1st October 2026
Regulatory Disclosure
Scheme of Arrangement Status
- The National Company Law Tribunal, Mumbai Bench (NCLT) has sanctioned the Scheme of Arrangement between GE Power India Limited (Demerged Company) and JSW Energy Limited (Resulting Company) and their respective shareholders
- The sanction order is dated 1st October 2026
- The scheme is approved under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013
Timeline of Events
- 18th September 2025: Board of Directors approved the Scheme of Arrangement
- 2nd April 2026: Received observation letters from BSE Limited and National Stock Exchange of India Limited
- 2nd June 2026: NCLT order for meetings of shareholders and creditors
- 20th July 2026: Completed meetings of Equity Shareholders and Unsecured Creditors
- 1st October 2026: NCLT sanction order received
Current Status
- The copy of the Sanction Order has been uploaded on the NCLT website and the Company's website at https://www.jswenergy.in/investors/scheme-of-arrangement
- Certified copy of the Sanction Order is awaited
- The Company will intimate the Effective Date to the stock exchanges in due course