What was filed
JSW Energy Limited told the exchanges the outcome of two NCLT-convened meetings held on Monday, 20 July 2026, ordered by the NCLT, Mumbai Bench on 2 June 2026. The equity shareholders' meeting ran from 10:30 a.m. to 11:39 a.m., followed by the unsecured creditors' meeting from 12:30 p.m. to 12:57 p.m., both by video conferencing. The single item at each — approval of the Scheme of Arrangement between GE Power India Limited and JSW Energy Limited under Sections 230 to 232 of the Companies Act, 2013 — was approved with the requisite majority.
The scheme and the vote
The resolution was passed as a special resolution requiring the majority prescribed under Section 230(6). Mr. Mohan Prasad Tiwari, a former Member (J) of the Tribunal, chaired both meetings as appointed by the NCLT. Remote e-voting ran from 16 July to 19 July 2026, with a shareholder cut-off of 13 July 2026 and a creditor cut-off of 31 May 2026. The company said the consolidated voting results, with the Scrutinizer's report under Regulation 44(3), will be submitted separately, so the actual vote counts are not part of this filing. At the shareholder meeting, members asked about the benefits of the transaction, its cost, the basis of the share swap ratio and the expected completion time; the filing notes management responded but does not disclose the terms.
Why it matters to a holder
Approval by shareholders and creditors is a required step for a scheme of arrangement, which still needs NCLT sanction before it becomes effective. This filing records that both stakeholder classes cleared that step. It does not complete the merger, nor does it disclose the share swap ratio or transaction cost raised during the meeting.