Yes. Here is the current status of the JSW Energy–GE Power India demerger:

1. Board & Demerger Agreement Approval

- On 18 September 2025, the boards of GE Power India Ltd (GEPIL) and JSW Energy Ltd (JSWEL) approved the Scheme of Arrangement and the Demerger Cooperation Agreement for transfer of GEPIL’s Durgapur boiler manufacturing business into JSW Energy. (powerpeakdigest.com)

2. Key Terms (for GE Power India shareholders)

- Proposed share entitlement ratio:

10 fully paid equity shares of JSW Energy (face value ₹10)

for every 139 equity shares of GE Power India held (as on the record date, which is not yet announced). (powerpeakdigest.com)

- Appointed date of the scheme: 1 July 2025. (constructionworld.in)

3. Regulatory Approvals So Far

- SEBI issued its comments/observations on the draft scheme on 30 March 2026. (powerpeakdigest.com)

- BSE (no adverse observations) and NSE (no objection) issued their observation letters on the scheme on 1 April 2026. (powerpeakdigest.com)

- These exchange clearances allow the companies to proceed to the National Company Law Tribunal (NCLT).

4. Latest NCLT Status (as of 10 June 2026)

- On 2 June 2026, the NCLT Mumbai Bench cleared the first motion in the scheme and directed meetings of shareholders and unsecured creditors of the companies to be convened within a specified time (around 70 days) to approve the demerger. (scanx.trade)

- This is not the final approval; it is an intermediate step.

5. What is not yet done

- Shareholder and creditor meetings are still to be held and voted.

- Final NCLT (second motion) order sanctioning the scheme is still pending.

- Effective date of the demerger and record date for determining entitlement to JSW shares have not been announced/implemented as per publicly available information up to 10 June 2026.

- No JSW Energy shares have yet been allotted under this scheme.

6. Implication for investors right now

- For now, GE Power India and JSW Energy continue to trade as usual; the demerger is not yet effective in your demat.

- If and when final approvals are obtained, the exchanges and the companies will announce:

- the record date, and

- the credit of JSW Energy shares to eligible GE Power India shareholders as per the 10:139 ratio.

- Until those announcements are made, there is no actual allotment or change in your current holdings due to this scheme.

For official documents and updates, you can refer to:

- JSW Energy’s “Scheme of Arrangement – GE Power India Limited and the Company” section on its investor relations site (corporate filings and PDFs).

- Corporate announcements for GE Power India Ltd and JSW Energy Ltd on the BSE and NSE websites.

If you have any further queries, please connect with us on 022-6290-10141 (Timings : 09.00 AM to 05.00 PM) or you can email us on info@cniinfoxchange.com