GE Power India Limited Holds Shareholder and Creditor Meetings for Scheme of Arrangement
GE Power India Limited held meetings on July 20, 2026, for equity shareholders and unsecured creditors. The purpose was to approve a Scheme of Arrangement with JSW Energy Limited. Both meetings were conducted via video conference and included e-voting. The results will be submitted separately.
The outcome of the Scheme of Arrangement is material for the company's future structure and operations, impacting shareholders and creditors, hence a medium impact.
The announcement reports on procedural meetings for a scheme of arrangement, with no specific financial outcomes or immediate business impact detailed.
GE Power India Limited convened meetings for its equity shareholders and unsecured creditors on Monday, July 20, 2026, as directed by the Hon'ble National Company Law Tribunal, Mumbai Bench. These meetings were held virtually via Video Conferencing/Other Audio-Visual Means to consider and approve the proposed Scheme of Arrangement between GE Power India Limited and JSW Energy Limited, along with their respective shareholders, under Sections 230 to 232 of the Companies Act, 2013.
The meeting of equity shareholders took place from 02:30 p.m. to 03:16 p.m. IST, followed by a 15-minute e-voting period. The meeting of unsecured creditors was held from 04:30 p.m. to 04:55 p.m. IST, also with a 15-minute e-voting window. Both meetings were chaired by Shri Mohan Prasad Tiwari, and Ms. Pooja Singhal was appointed as the Scrutinizer for the e-voting process.
The primary agenda item for both meetings was the approval of the Scheme of Arrangement. Shareholders and creditors were provided with remote e-voting facilities from July 16, 2026, to July 19, 2026, to cast their votes electronically on the proposed resolution. Details of the voting results and the Scrutinizers' Report will be submitted separately.
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GE Power India Limited filed this with the NSE as a statutory disclosure, categorised under shareholder meetings. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by GE Power India Limited. Read the original for the full detail.