What was filed
JSW Energy Limited submitted the voting results and scrutinizer's reports for two meetings held on 20 July 2026, convened under an order of the National Company Law Tribunal, Mumbai Bench, dated 2 June 2026. The meeting of equity shareholders and the meeting of unsecured creditors were each called to approve a single special resolution: the Scheme of Arrangement between GE Power India Limited (the "Demerged Company") and JSW Energy Limited (the "Resulting Company"), under Sections 230 to 232 of the Companies Act, 2013.
The filing does not set out the commercial terms of the scheme — the swap ratio, valuation, or which business is being demerged — pointing instead to the Notice, Scheme and Explanatory Statement circulated to voters and hosted on the company's website. It records only the outcome of the vote.
How the vote went
Both constituencies cleared the resolution by the required three-fourths majority in value, and in each case the approval was near-unanimous. Among equity shareholders, the promoter and promoter group and public institutional holders voted entirely in favour; a small number of non-institutional public shareholders (21 holders) voted against. Among unsecured creditors, the filing records no votes against.
The scrutinizer, Pooja Singhal of Pooja Gupta & Associates, certified in both reports that the scheme is "deemed to have been approved" on 20 July 2026.
Why it matters to a holder
Shareholder and creditor approval is a mandatory procedural step in an NCLT-supervised scheme of arrangement, but not the final one. The disclosure records that the resolution passed; the scheme would still typically require Tribunal sanction before it takes effect. For a holder, this filing confirms the transaction has cleared the voting stage without meaningful opposition.