JSW Energy Limited has received an order from the National Company Law Tribunal, Mumbai Bench, directing JSW Energy to convene meetings of its equity shareholders and unsecured creditors. The NCLT order, dated 2 June 2026, was uploaded on the tribunal's website on 3 June 2026. JSW Energy informed the stock exchanges on the same day under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
The order pertains to a Scheme of Arrangement between GE Power India Limited, the demerged company, and JSW Energy Limited, the resulting company. Under the proposed scheme, the demerged undertaking of GE Power India Limited will be transferred to JSW Energy Limited, entailing the demerger of GE Power India into JSW Energy.
The NCLT, Mumbai Bench has directed JSW Energy to convene the shareholder and creditor meetings within 70 days from 3 June 2026. Equity shareholders and unsecured creditors of JSW Energy will consider the proposed Scheme of Arrangement at these meetings.
JSW Energy had initially informed the exchanges about the proposed scheme on 18 September 2025 and provided a subsequent update on 2 April 2026. The scheme involves the transfer of the demerged undertaking of GE Power India Limited to JSW Energy Limited.
JSW Energy Limited is listed on BSE Limited under scrip code 533148 and on the National Stock Exchange of India Limited under the symbol JSWENERGY-EQ. A copy of the NCLT order issued by the Mumbai Bench is available on JSW Energy's website.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.