GE Power India Schedules Meetings for Shareholders and Unsecured Creditors Regarding Scheme with JSW Energy Limited
GE Power India Limited has announced the dates and details for convening meetings of its equity shareholders and unsecured creditors, concerning a proposed Scheme of Arrangement involving JSW Energy Limited. The meetings are set to consider the Scheme, which involves both companies, as directed by the National Company Law Tribunal (NCLT), Mumbai Bench.The company is holding these meetings to seek approval of the proposed Scheme under relevant provisions of the Companies Act, 2013.
Meeting Details for Equity Shareholders
GE Power India Limited has scheduled its equity shareholders meeting for July 20, 2026. The meeting will be conducted through video conferencing or other audio-visual means and is set to begin at 2:30 p.m. (IST).Key dates related to the equity shareholder meeting are as follows:
| Event | Date/Timeline |
|---|---|
| Meeting Date | July 20, 2026 (Monday) |
| Cut-off date for e-voting | July 13, 2026 (Monday) |
| Remote e-voting start | July 16, 2026 at 9:00 A.M. (IST) |
| Remote e-voting end | July 19, 2026 at 5:00 P.M. (IST) |
Meeting Details for Unsecured Creditors
The meeting of unsecured creditors is scheduled to take place on the same date as the shareholders' meeting, July 20, 2026. This meeting will be held through video conferencing or other audio-visual means and is scheduled for 4:30 p.m. (IST).The timeline for the unsecured creditor meeting includes the following dates:
| Event | Date/Timeline |
|---|---|
| Meeting Date | July 20, 2026 (Monday) |
| Cut-off date for e-voting | May 31, 2026 (Sunday) |
| Remote e-voting start | July 16, 2026 at 9:00 A.M. (IST) |
| Remote e-voting end | July 19, 2026 at 5:00 P.M. (IST) |
The notices for both the equity shareholders and unsecured creditors meetings, along with associated documents, are available on the Company's website.
GVPIL Stock Price Movement
On Thursday, shares of GE Power India Limited slipped by 5.00%, closing at ₹1002.45 amid significant selling pressure after the stock had previously hit its 52-week high. The daily move occurred on a volume of 533,589 shares, confirming volatility in the capital goods sector.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.