BSECompany Update1d ago · 1 Oct 2026, 09:13 pm

Intimation of receipt of copy of order sanctioning the Scheme of Arrangement between GE Power India Limited ('GEPIL' or 'Demerged Company') and JSW Energy Limited ('Company' or 'Resulting Company') and their respective shareholders under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 ('Scheme')

JSW Energy Ltd · 533148

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JSW Energy Ltd has received the sanction order from the NCLT for the Scheme of Arrangement between GE Power India Limited and JSW Energy Limited, paving the way for the demerger.

Analysis Scores

Earnings Impact5/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk3/10
Balance Sheet Risk4/10
Liquidity Impact7/10
Market Sentiment5/10

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JSW Energy Ltd - 533148 - Intimation Of Receipt Of Copy Of Order Sanctioning The Scheme Of Arrangement Between GE Power India Limited ('GEPIL' Or 'Demerged Company') And JSW Energy Limited ('Company' Or 'Resulting Company') And Their Respective Shareholders Under Sections 230 To 232 And Other Applicable Provisions Of The Companies Act, 2013 ('Scheme')

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Energy Limited Regd. Office: JSW Centre, Bandra Kurla Complex, Bandra (East), Mumbai – 400 051, CIN: L74999MH1994PLC077041 Phone: 022-4286 1000 Fax: 022-4286 3000 Website: www.jsw.in SEC / Scheme/ JSWEL 1st October 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza Dalal Street Bandra-Kurla Complex, Bandra (E) Mumbai – 400 001 Mumbai – 400 051 Scrip Code: 533148 Symbol: JSWENERGY Sub: Intimation of receipt of copy of order sanctioning the Scheme of Arrangement between GE Power India Limited (“GEPIL” or “Demerged Company”) and JSW Energy Limited (“Company” or “Resulting Company”) and their respective shareholders under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 (“Scheme”) Ref: Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) Dear Madam / Sir, This is in furtherance to our (i) letter dated 18th September 2025 informing about the decision of the Board of Directors of the Company approving the Scheme of Arrangement between GE Power India Limited and JSW Energy Limited and their respective shareholders under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 (“Scheme”); (ii) letter dated 2nd April 2026 informing about the receipt of observation letters from BSE Limited and National Stock Exchange of India Limited in relation to the Scheme; and (iii) letter dated 20th July 2026 regarding outcome and proceedings of the meetings of Equity Shareholders and Unsecured Creditors of the Company held pursuant to the Order dated 2nd June 2026 of the Hon’ble National Company Law Tribunal, Mumbai Bench (“NCLT”). This is to inform you that the NCLT, has sanctioned the Scheme vide its order dated 1st October 2026 (“Sanction Order”). The copy of the Sanction Order has been uploaded on the website of NCLT and the Company at https://www.jswenergy.in/investors/scheme-of- arrangement Certified copy of the Sanction Order is awaited. The Company will intimate the Effective Date to the stock exchanges in due course. This is for your information and dissemination. Yours faithfully, For JSW Energy Limited Monica Chopra Company Secretary Part of O.P. Jindal Group