Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding receipt of certified copy of the order passed by the Hon''ble National Company Law Tribunal, Mumbai Bench sanctioning the Scheme of Arrangement

GEVERNOVA GE Power India Limited CIN- L74140MH1992PLC068379 Corporate Office: Axis House, Plot No I-14, Towers 5 & 6, Jaypee Wish Town, Sector 128, Noida, Uttar Pradesh – 201304 T+91 0120 5011011 | F +91 0120 5011100 Registered Office: Regus Magnum Business Centers, 11th floor, Platina, Block G, Plot C-59, BKC, Bandra (E), Mumbai, Maharashtra – 400051 T + 91 22 68841741 Email id: in.investor-relations@gevernova.com https://www.gevernova.com/regions/in/ge-power-india- limited 14 October 2026 To, To, National Stock Exchange of India Ltd. BSE Ltd. Exchange Plaza, Plot No. C/1, G Block, P.J. Towers, Bandra Kurla Complex, Bandra (E), Dalal Street, Mumbai - 400 051 Mumbai - 400 001 Symbol: GVPIL Scrip Code: 532309 Subject: In(cid:415)ma(cid:415)on under Regula(cid:415)on 30 of SEBI (Lis(cid:415)ng Obliga(cid:415)ons and Disclosure Requirements) Regula(cid:415)ons, 2015 regarding receipt of cer(cid:415)fied copy of the order passed by the Hon'ble Na(cid:415)onal Company Law Tribunal, Mumbai Bench sanc(cid:415)oning the Scheme of Arrangement Dear Sir/Madam, This is in furtherance to our le(cid:425)er dated 01 October 2026, informing regarding receipt of an Order passed by the Na(cid:415)onal Company Law Tribunal, Mumbai Bench (“Hon’ble NCLT”) sanc(cid:415)oning the Scheme of Arrangement amongst GE Power India Limited (“Company”) and JSW Energy Limited and their respec(cid:415)ve shareholders under Sec(cid:415)ons 230 to 232 and other applicable provisions of the Companies Act, 2013 (“Scheme”). Pursuant to Regula(cid:415)on 30 of the Securi(cid:415)es and Exchange Board of India (Lis(cid:415)ng Obliga(cid:415)ons and Disclosure Requirements) Regula(cid:415)ons, 2015, we wish to inform you that the Company has received the cer(cid:415)fied copy of the order of the Hon’ble NCLT dated 01 October 2026 sanc(cid:415)oning the Scheme (“Sanc(cid:415)on Order”). A cer(cid:415)fied copy of the Sanc(cid:415)on Order received by the Company on 13 October 2026, is enclosed herewith. The Company will in(cid:415)mate the Effec(cid:415)ve Date and the Record Date to the Stock Exchanges in due course. This is for your informa(cid:415)on and dissemina(cid:415)on. Thanking you. Yours truly, For GE Power India Limited Vipul Sharma Company Secretary & Compliance Officer Encl: a/a IN THE NATIONAL COMP ANY LAW TRIBUNAL MUMBAI BENCH-I C.P .(CAA)/118(MB)2026 C.A.(CAA)/88(MB)2026 In the matter of the Companies Act, 2013; In the matter of Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 read with Companies (Compromises, Arrangement and Amalgamations) Rules, 2016; In the matter of Scheme ofA rrangement between GE Power India Limited ('Demerged Company') And JSW Energy Limited ('Resulting Company') and their respective shareholders and creditors ('Scheme') GE Power India Limited CIN: L74140MH1992PLC068379 ....... First Petitioner Company/ Demerged Company JSW Energy Limited CIN: L74999MH1994PLC077041 ...... Second Petitioner Company/ Resulting Company IN THE NATIONAL COMPANY LAW TRIBUNAL MUMBAI BENCH-I C.P.(CAA)/118(MB)2026 in C.A.(CAA)/88(MB)2026 And their respective shareholders. [collectively referred to as the "Petitioner Companies"] Order Pronounced on 01.10.2026 Coram: Shri Prabhat Kumar Shri Sushil Mabadeorao Kochey Hon'ble Member (Technical) Hon'ble Member (Judicial) Appearances: For the Petitioner Companies : Mr. Gaurav Joshi a/w Mr. Mehul Shah, Mr. Peshwan Jehangir, Mr. Aman· Yagnik, Mr. Haabil Vahanvaty, Mr. Jamsheed Dadachanji, Ms. Ishrita Bagchi, Mr. Anmol Sharma and Ms. Jwaalaa Suresh i/b Khaitan & Co, Advocates for the Petitioner Companies For the Regional Director: Mr. Altap Shaikh ORDER 1. This Company Scheme Petition has been filed by the Petitioner Companies under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013, seeking sanction of the Scheme of Arrangement between GE Power India Limited ("Demerged Company" or "First Petitioner Company") and JSW Energy Limited ("Resulting Company" or "Second Petitioner Company") and their respective shareholders ("Scheme" or ''2-4K! '), providing, inter IN THE NATIONAL COMP ANY LAW TRIBUNAL MUMBAI BENCH-I C.P.(CAA)/118(MB)2026 in C.A.(CAA)/88(MB)2026 alia, for the demerger, transfer and vesting of the Demerged Undertaking of the Demerged Company in the Resulting Company. 2. The Petitioner Companies have proposed a scheme of demerger whereby the Demerged Undertaking of the Demerged Company is transferred to and vested in the Resulting Company. The "Demerged Business" is defined to mean "the business of manufacture and supply ofp ower boilers components, pressure vessels, piping, and coal mills for thermal power plant undertaken by the Demerged Company at the Durgapur Facility". 3. GE Power India Limited was incorporated on 02.09.1992 having its registered office situated at Regus Magnum Business Centers, 11 floor, Platina, Block G, Plot C-59 BKC, Bandra (East) Mumbai- 400 051 and is engaged in the business of design, development, engineering, project management, manufacturing, supply, construction, commissioning, repairs and modernization (R&M), services, retrofit and upgrades of boiler, coal mills, pressure vessels, critical piping for steam turbine applications, steam turbine and generator spares and components, air quality control systems, automation systems, and power electronics for thermal power plants and industrial application. The equity shares of GE Power are listed on the BSE Limited ("BSE") and the National Stock Exchange of India Limited ("NSE"). 4. JSW Energy Limited was incorporated on 10.03.1994 having its registered office situated at JSW Centre, Bandra Kurla Complex Bandra (East), Mumbai 400051 and is engaged in the business of generation of power, and other allied activities, through itself and its subsidiaries. The equity shares of JSW Energy Limited are listed on the BSE Limited ("BSE") and the National Stock Exchange of India Limited ("NSE"). JSW Energy has also issued certain non-convertible debentures, which are listed on the BSE. 5. The Board of Directors of the respective Petitioner Companies, vide their resolutions dated 18.09.2025, have approved the Scheme. ""ii,"-:- tr. en IN THE NATIONAL COMP ANY LAW TRIBUNAL MUMBAI BENCH-I C.P .(CAA)/118(MB)2026 in C.A.(CAA)/88(MB)2026 6. The Appointed Date for the transfer and vesting of the Demerged Undertaking of the Demerged Company in the Resulting Company is 01.07.2025. 7. It is submitted that the present Company Scheme Petition has been filed in consonance with the Order dated 02.06.2026 passed by this Tribunal in C.A.(CAA) No. 88/MB/2026. By Order dated 10.08.2026, the present Company Scheme Petition was admitted and the matter was fixed for final hearing and final disposal on 04.09.2026. The Petitioner Companies were directed to publish the notice of hearing and to issue notices to the authorities specified under Section 230(5) of the Companies Act, 2013 read with Rule 8 of the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016. In compliance thereof, the Petitioner Companies have filed the Affidavit of Service dated 28.08.2026, vide e filing No. 2709138072012026/4, evidencing publication of the notice in "Business Standard" in English and "Navshakti" in Marathi, and service of notices upon the concerned statutory authorities, together with the Scheme and accompanying documents. 8. The Rationale for the Scheme of Arrangement of the Petitioner Companies is as follows: "1. The transfer and vesting of the Demerged Undertaking from the Demerged Company to the Resulting Company pursuant to this Scheme will, inter alia, result in the following benefits for the Demerged Company and the Resulting Company and their respective shareholders, employees and other stakeholders: (i) Demerged Company: a) the Demerger allows the Demerged Company to focus on the strategic growth areas and services growth strategy; IN THE NATIONAL COMP ANY LAW TRIBUNAL MUMBAI BENCH-I C.P .(CAA)/118(MB)2026 in C.A.(C [Showing first 8,000 characters — download PDF for full document]