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 20th July 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 : J SWENERGY Sub: Outcome and Proceedings of the meetings of Equity Shareholders and Unsecured Creditors convened pursuant to the Order dated 2nd June 2026 of the Hon’ble National Company Law Tribunal, Mumbai Bench (“NCLT”) Ref.: Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations) Dear Madam / Sir, The NCLT convened meetings of the Company's Equity Shareholders and Unsecured Creditors were held via Video Conferencing (VC) / Other Audio Visual Means (OAVM) on Monday, 20th July 2026. The Equity Shareholders meeting was held from 10:30 a.m. to 11:39 a.m.(IST), followed by the Unsecured Creditors' meeting from 12:30 p.m. to 12:57 p.m. (IST). Item of business set out in the respective Notice of the aforesaid meetings were transacted at the respective meetings. As per the count of the valid votes and the reports of the Scrutinizer, the item of business of the aforesaid meetings was approved by the Members and Unsecured Creditors, respectively, with the requisite majority. As required under Regulation 30 read with Para A (13) of Part A of Schedule III of the Listing Regulations, a summary of the proceedings of the meeting of the Equity Shareholders of Company is enclosed herewith as Annexure I and summary of the proceedings of the meeting of the Unsecured Creditors of Company is enclosed herewith as Annexure II. The Outcome and Proceedings of the meetings of Equity Shareholders and Unsecured Creditors are also placed on the Company's website at jswenergy.in/investors/scheme-of-arrangement/ . Details of voting results as required under Regulation 44(3) of the Listing Regulations along with the Scrutinizers Report will be submitted separately. Yours faithfully, For JSW Energy Limited Monica Chopra Company Secretary 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 Annexure I Summary of proceedings of the meeting of the Equity Shareholders of JSW Energy Limited convened on Monday, 20th July 2026 at 10.30 a.m. pursuant to the Order dated 2nd June 2026 of the Hon’ble National Company Law Tribunal, Mumbai Bench (“Hon’ble Tribunal / NCLT”) The Meeting of the Equity Shareholders (Meeting) of JSW Energy Limited (“Company”) convened pursuant to the Order of NCLT was held on Monday, 20th July 2026 at 10.30 a.m. (IST) through Video Conferencing (VC) / Other Audio Visual Means (OAVM) in accordance with the provisions of the Companies Act, 2013, the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the relevant circulars issued in this regard and as per the directions of the Hon’ble National Company Law Tribunal, Mumbai Bench, in connection with 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. Since the Meeting was conducted through electronic means without the physical presence of the Equity Shareholders, the proxy facility was not necessitated and, accordingly, was not provided for. As set out in the Notice, the Hon’ble Tribunal had appointed Mr. Mohan Prasad Tiwari, former Hon’ble Member (J) of the Hon’ble Tribunal, as the Chairman of the Meeting and Ms. Pooja Singhal, Practising Company Secretary, to be the Scrutinizer for this Meeting. Accordingly, Mr. Tiwari chaired the Meeting. The Company Secretary welcomed the Equity Shareholders and Directors to the Meeting. The Company Secretary informed that Mr. Sajjan Jindal, Chairman & Managing Director and Mr. Parth Jindal, Non-Executive Director (Non-Independent) of the Company were unable to attend the Meeting. Mr. Sharad Mahendra, Joint Managing Director & CEO and Mr. Chandrasekaran Prabhakaran, Chief Financial Officer, joined the Meeting from the Registered Office (Deemed Venue) of the Company. Mr. Sunil Goyal, Chairman of Audit and Stakeholders Relationship Committee, Ms. Rupa Devi Singh, Chairperson of the Compensation and Nomination & Remuneration Committee, Mr. Munesh Khanna, Mr. Rajeev Sharma, Mr. Desh Deepak Verma, Mr. Rajiv Chaudhri and Mr. Ajoy Mehta attended the Meeting through VC. The representatives of Deloitte Haskins & Sells LLP, Statutory Auditor and Purwar & Purwar Associates LLP, Secretarial Auditor, also attended the Meeting through VC. 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 Mr. Sharad Mahendra, Joint Managing Director & CEO briefed the Members on the background and rationale of the Scheme of Arrangement between GE Power India Limited and the Company. The quorum being present, the Chairman called the Meeting to order. With the consent of the Equity Shareholders, the Notice convening the Meeting was taken as read. The Equity Shareholders were informed that the Company had provided the facility for the remote e-voting for all the eligible Shareholders as on the cut-off date i.e. 13th July 2026 to cast their vote electronically on the resolution mentioned in the Notice of the Meeting. The remote e-voting facility began at 9:00 a.m. on Thursday, 16th July 2026 and ended at 5:00 p.m. on Sunday, 19th July 2026 and was thereafter disabled for voting. Further, the Company had provided the facility for e-voting at the Meeting and that accordingly, the Equity Shareholders present at the Meeting could cast their votes by means of e-voting available during the Meeting and for 15 minutes after the conclusion of the Meeting, if not voted earlier through remote e-voting. Further, it was informed that the Consolidated Voting Results along with the Scrutinizer’s Report would be displayed on the website of the Company and on the website of KFin Technologies Limited, Registrar and Transfer Agent, and would also be intimated to the Stock Exchanges within the stipulated time. Thereafter, the Chairman explained the salient features of the Scheme. Further, the following item as set out in the Notice of the Meeting, was transacted at the Meeting: Item Details of the Agenda Resolution 1. Approval of the Scheme of Arrangement between Special i.e. Requisite majority GE Power India Limited and JSW Energy Limited as prescribed under Section and their respective shareholders under Sections 230(6) of the Companies Act, 2013 230 to 232 and other applicable provisions of the Companies Act, 2013 The Chairman then invited the Members who had registered themselves as speakers, to express their views and raise queries on the agenda matter i.e. the approval of the Scheme. The Members enquired about the benefits to the Company, the cost of the transaction, basis of the share swap ratio and well as the completion time, etc. The Management of the Company then suitably responded to the queries raised by the Members. 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 Thereafter, the Chairman thanked the Board members of the Company, Equity Shareholders and members of the management team for attending and participating at the Meeting. Upon completion of the e-voting process, the Meeting was declared as closed at 11:39 a.m. (IST). Yours faithfully, For JSW [Showing first 8,000 characters — download PDF for full document]