Shareholders meeting

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 / JSWEL 18th June 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 Scrip Code: JSWENERGY- EQ Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) - Notice of NCLT convened meeting of the Equity Shareholders of JSW Energy Limited as per the directions of the Hon’ble National Company Law Tribunal, Mumbai Bench Ref : Scheme of Arrangement between GE Power India Limited (“Demerged Company”) and JSW Energy Limited (“Resulting Company” or “Company”) and their respective shareholders under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 (“Scheme”) Dear Madam / Sir, Further to our letter dated 3rd June 2026 informing about directions given by the Hon’ble National Company Law Tribunal, Mumbai Bench (“NCLT”) to convene the meetings of the Equity Shareholders and Unsecured Creditors of the Company through Video Conferencing (“VC”) / Other Audio Visual Means (“OAVM”) within 70 days from the date of receipt of the Order i.e. 3rd June 2026, to consider and, if thought fit, approve the proposed Scheme between GE Power India Limited and JSW Energy Limited and their respective shareholders. Pursuant to the NCLT Order and as directed therein, and in compliance with the applicable provisions of the Companies Act, 2013 (“Act”), the circulars issued by Ministry of Corporate Affairs (“MCA Circulars”) and the Listing Regulations, please find attached the Notice along with the Explanatory Statement of the meeting of the Equity Shareholders of the Company to be held on Monday, 20th July 2026 at 10:30 a.m. (IST) through VC / OAVM, for the purpose of considering, and if thought fit, approving the proposed Scheme. The Notice of the meeting of the Equity Shareholders, together with a copy of the Scheme, Explanatory Statement under Sections 230 and 232 read with Section 102 and other applicable provisions of the Act and Rule 6 of the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016 and accompanying documents, are being sent through electronic Part of O. P. Jindal Group 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 mode only to the Equity Shareholders of the Company whose e-mail addresses are registered with the Company / Kfin Technologies Limited (Kfin) (the Registrar and Share Transfer Agent and the agency engaged for providing e-voting facility) / Depository Participants. The aforesaid Notice and Explanatory Statement together with the relevant Annexures thereto, are available on the website of the Company at https://www.jswenergy.in/investors/scheme-of- arrangement/ and also on the websites of the Stock Exchanges i.e. BSE Limited at www.bseindia.com and National Stock Exchange of India Limited at www.nseindia.com and of the Company's Registrar and Share Transfer Agent, KFin Technologies Limited (KFin) at https://evoting.kfintech.com. Yours faithfully, For JSW Energy Limited Monica Chopra Company Secretary Part of O. P. Jindal Group JSW Energy Limited Corporate Identity Number (CIN): L74999MH1994PLC077041 Registered Office: JSW Centre, Bandra Kurla Complex Bandra (East), Mumbai 400 051, Maharashtra, India Phone: 022 4286 1000 / Fax: 022 4286 3000 Email: jswel.investor@jsw.in | Website: www.jswenergy.in NOTICE CONVENING MEETING OF EQUITY SHAREHOLDERS OF JSW ENERGY LIMITED PURSUANT TO THE ORDER DATED 2ND JUNE, 2026 OF , MUMBAI BENCH MEETING Day Monday Date 20th July, 2026 Time 10:30 a.m. (IST) Mode of Meeting As per the directions Law Tribunal, Mumbai Bench, the meeting shall be conducted through video conferencing ( VC ) / other audio-visual means ( OAVM ) Cut-off date for e-voting Monday, 13th July, 2026 Remote e-voting start date and time Thursday, 16th July, 2026 at 9:00 a.m. (IST) Remote e-voting end date and time Sunday, 19th July, 2026 at 5:00 p.m. (IST) E-Voting during the meeting would be available for those equity shareholders who had not voted through remote e-voting. This facility would be available during the meeting and for 15 minutes from the conclusion of the meeting. INDEX Sr. Contents Page No. Nos. 1. Notice convening meeting of the equity shareholders of JSW Energy Limited Notice pursuant to Tribunal, Mumbai Bench. 2. Explanatory Statement under Sections 230 and 232 read with Section 102 Act , Secretarial Standard - 2 on General Meetings, Rule 6 of the Companies Rules and Master Circular dated 20th June, 2023, bearing reference no. SEBI/HO/CFD/POD-2/P/CIR/2023/93 on scheme of arrangement issued by SEBI Scheme Circular 3. Annexure I Scheme of Arrangement between GE Power India Demerged Company and JSW Energy Limited Resulting Company Company and their respective shareholders Scheme . 4. Annexure II Colly Financial results, , of the Company and the Demerged Company, respectively, for the year ended 31st March, 2026. 5. Annexure III Colly Report(s) of the Board of Directors of the Company and the Demerged Company, respectively, pursuant to Section 232(2)(c) of the Act. 6. Annexure IV Share Entitlement Ratio Report for the proposed demerger of identified undertaking dated 18th September, 2025, prepared by RBSA Valuation Advisors LLP, Registered Valuer (Registration No. IBBI/RV-E/05/2019/110) for the Demerged Company and GT Valuation Advisors Private Limited, Registered Valuer (Registration No. IBBI/RV-E/05/2020/134) for the Company Joint Share Entitlement Ratio Report . 7. Annexure V Fairness Opinion issued by IDBI Capital Markets & Securities Limited, an Independent SEBI registered Merchant Banker (SEBI Merchant Registration No. MB/INM000010866) to the Demerged Company and 3Dimension Capital Services Limited, an Independent SEBI registered Merchant Banker (SEBI Merchant Registration No. INM000012528) to the Company Fairness Opinion . 8. Annexure VI Colly Observation letters dated 1st April, 2026 received from BSE Limited BSE and National Stock Exchange of India NSE by the Company and Demerged Company. 9. Annexure VII Colly Complaint Reports dated 1st December 2025 and 24th October, 2025 submitted by the Company to BSE and NSE respectively. 10. Annexure VIII Colly Details of ongoing adjudication and recovery proceedings, prosecution initiated, and all other enforcement action taken against the Company and the Demerged Company, its promoters and directors. 11. Annexure IX Disclosure in terms of the requirements of the observation letters. 12. Annexure X Colly NOCs obtained by the Resulting Company from the lending scheduled commercial banks/ financial institutions/ debenture trustees as per para A(2)(k) of Part- I of SEBI Master Circular The Notice of the Meeting, Explanatory Statement under Sections 230 and 232 read with Section 102 and other applicable provisions of the Act, Secretarial Standard - 2 on General Meetings and Rule 6 of the CAA Rules (page nos. ) and Annexure I to Annexure X Colly (page nos. ) constitute a single and complete set of documents and should be read together as they form an integral part of this document. FORM NO. CAA. 2 [Pursuant to Section 230 (3) and rule 6 and 7] IN THE NATIONAL COMPANY LAW TRIBUNAL, MUMBAI BENCH C.A.(CAA)/88/MB/2026 IN THE MATTER OF SECTIONS 230 TO 232 AND OTHER APPLICABLE PROVISIONS OF THE COMPANIES ACT, 2013 IN THE MATTER OF SCHEME OF ARRANGEMENT BETWEEN GE POWER INDIA LIMITED AND JSW ENERGY LIMITED AND THEIR RESPECTIVE SHAREHOLDERS JSW Energy Limited, a company incorporated ) under provisions of the Companies Act, 1956, ) having Corporate Identity Number ) L74999MH1994 [Showing first 8,000 characters — download PDF for full document]