Notice of the NCLT convened meetings of Equity Shareholders and Unsecured Creditors to approve the proposed scheme of arrangement between GE Power India Limited ("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.
Pursuant to Regulation 30 read with Schedule III Part A Para A of the Listing Regulations, please find enclosed the copy of the Newspaper advertisement published today in English in Business Standard (all editions), giving notice of the NCLT convened meetings of Equity Shareholders and Unsecured Creditors of the Company, scheduled to be held on Monday, 20th July 2026 at 10:30 a.m. (IST) and 12:30 p.m. (IST), respectively, as per the directions of Hon’ble National Company Law Tribunal, Mumbai Bench vide its Order dated 2nd June 2026. The above information is also available on the website of the Company www.jswenergy.in
Affirmation of Credit Rating - JSW Energy (Barmer) Limited
Affirmation of Credit Rating - Barmer Lignite Mining Company Limited
Letter to the Members providing web-link and QR code for accessing the Integrated Annual Report for the Financial Year 2025-26
Notice of the NCLT convened meetings of Equity Shareholders and Unsecured Creditors to approve the proposed scheme of arrangement between GE Power India Limited ("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.
Notice of NCLT convened meeting of the Unsecured Creditors of JSW Energy Limited as per the directions of the Hon’ble National Company Law Tribunal, Mumbai Bench
Notice of NCLT convened meeting of the Unsecured Creditors of JSW Energy Limited as per the directions of the Hon’ble National Company Law Tribunal, Mumbai Bench
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
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
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 1,484.60 | 1,132.79 | 1,275.73 | 1,235.97 | 1,049.61 | 967.40 | 976.55 | 945.75 | 915.69 | 779.86 | 694.85 | 639.00 |
| YOY Revenue Growth % | -25.67% | -0.68% | 33.63% | -24.94% | -29.3% | -14.6% | -23.45% | -23.48% | -12.76% | -19.39% | -28.85% | -32.43% |
| Other Income | 76.84 | 58.28 | 22.12 | 53.16 | 117.20 | 177.98 | 80.59 | 304.77 | 139.55 | 204.62 | 143.33 | 454.78 |
| Total Income | 1,561.44 | 1,191.07 | 1,297.85 | 1,289.13 | 1,166.81 | 1,145.38 | 1,057.14 | 1,250.52 | 1,055.24 | 984.48 | 838.18 | 1,093.78 |
| Total Expenses + | 1,312.58 | 927.59 | 951.19 | 966.82 | 829.11 | 856.69 | 821.41 | 833.82 | 870.55 | 791.64 | 740.78 | 723.01 |
| Cost of Materials Consumed | 978.62 | 497.54 | 630.45 | 624.21 | 532.50 | 531.14 | 499.26 | 424.12 | 432.34 | 303.62 | 204.15 | 221.59 |
| Employee Benefit Expense | 42.24 | 35.43 | 40.13 | 35.43 | 44.73 | 49.20 | 48.57 | 60.76 | 63.03 | 79.95 | 76.78 | 78.57 |
| Other Expenses | 106.69 | 99.97 | 95.25 | 107.65 | 97.89 | 108.66 | 122.95 | 183.61 | 117.01 | 116.11 | 115.15 | 130.18 |
| Operating Profit | 172.02 | 205.20 | 324.54 | 269.15 | 220.50 | 110.71 | 155.14 | 111.93 | 45.14 | -11.78 | -45.93 | -84.01 |
| OPM % | 11.6% | 18.1% | 25.4% | 21.8% | 21% | 11.4% | 15.9% | 11.8% | 4.9% | -1.5% | -6.6% | -13.1% |
| Profit Before Tax + | 248.86 | 263.48 | 346.66 | 322.31 | 337.70 | 288.69 | 235.73 | 416.70 | 184.69 | 192.84 | 75.78 | 370.77 |
| Tax Expense | 82.86 | 72.47 | 95.67 | -19.91 | 84.04 | 2.94 | 18.54 | -47.70 | 22.83 | 2.67 | 10.75 | -71.19 |
| Tax % | 33.3% | 27.5% | 27.6% | -6.2% | 24.9% | 1% | 7.9% | -11.4% | 12.4% | 1.4% | 14.2% | -19.2% |
| Profit After Tax | 166.00 | 191.01 | 250.99 | 342.22 | 253.66 | 285.75 | 217.19 | 464.40 | 161.86 | 190.17 | 65.03 | 441.96 |
| EPS (Basic) | 1.01 | 1.17 | 1.53 | 2.09 | 1.46 | 1.64 | 1.25 | 2.66 | 0.93 | 1.09 | 0.37 | 2.52 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | 3,029.40 | 3,939.31 | 5,129.09 | 5,739.23 | 3,642.74 | 2,897.53 | 4,313.99 |
| YOY Revenue Growth % | -23.1% | -23.2% | -10.63% | 57.55% | 25.72% | -32.83% | - |
| Other Income | 942.28 | 680.54 | 210.40 | 279.85 | 228.26 | 62.41 | 197.90 |
| Total Income | 3,971.68 | 4,619.85 | 5,339.49 | 6,019.08 | 3,871.00 | 2,959.94 | 4,511.89 |
| Total Expenses + | 3,125.98 | 3,341.03 | 4,158.18 | 5,109.47 | 3,052.92 | 2,652.20 | 3,419.82 |
| Cost of Materials Consumed | 1,189.91 | 1,987.02 | 2,730.82 | 3,643.63 | 2,041.09 | 1,778.14 | 3,074.40 |
| Employee Benefit Expense | 298.33 | 203.26 | 153.23 | 134.73 | 124.10 | 112.32 | 118.71 |
| Other Expenses | 478.45 | 513.11 | 409.56 | 399.44 | 406.93 | 193.57 | 226.71 |
| Operating Profit | -96.58 | 598.28 | 970.91 | 629.76 | 589.82 | 245.33 | 894.17 |
| OPM % | -3.2% | 15.2% | 18.9% | 11% | 16.2% | 8.5% | 20.7% |
| Profit Before Exceptional | 845.70 | 1,278.82 | 1,181.31 | 909.61 | 818.08 | 307.74 | 400.85 |
| Exceptional Items | -21.62 | 0.00 | 0.00 | 120.00 | 0.00 | 0.00 | 23.02 |
| Profit Before Tax + | 824.08 | 1,278.82 | 1,181.31 | 1,029.61 | 818.08 | 307.74 | 423.87 |
| Tax Expense | -34.94 | 57.82 | 231.09 | 318.59 | 248.26 | 121.56 | -73.94 |
| Tax % | -4.2% | 4.5% | 19.6% | 30.9% | 30.3% | 39.5% | -17.4% |
| Profit After Tax | 859.02 | 1,221.00 | 950.22 | 711.02 | 569.82 | 186.18 | 497.81 |
| EPS (Basic) | 4.92 | 7.01 | 5.79 | 4.33 | 3.47 | 1.13 | 3.03 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Non-Current Assets + | 39,164.91 | 31,284.40 | 22,349.86 | 19,713.96 | 11,921.13 | 13,169.92 | 0.00 |
| Property, Plant & Equipment | 3,231.07 | 3,354.72 | 3,509.64 | 3,706.42 | 3,954.46 | 4,178.90 | 0.00 |
| Capital Work in Progress | 216.13 | 90.17 | 17.56 | 15.53 | 23.44 | 33.85 | 0.00 |
| Non-Current Investments | 29,168.78 | 22,696.79 | 17,335.47 | 4,921.00 | 6,654.04 | 7,674.34 | 0.00 |
| Goodwill | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Intangible Assets | 4.38 | 3.01 | 1.71 | 2.21 | 2.20 | 1.22 | 0.00 |
| Current Assets + | 1,934.16 | 2,842.28 | 2,260.02 | 2,235.50 | 4,751.31 | 1,432.06 | 0.00 |
| Inventories | 324.28 | 217.94 | 439.13 | 781.86 | 776.09 | 236.34 | 0.00 |
| Trade Receivables | 449.98 | 606.62 | 623.75 | 644.73 | 520.56 | 253.00 | 0.00 |
| Cash and Cash Equivalents | 282.37 | 592.26 | 794.90 | 263.62 | 40.20 | 58.19 | 0.00 |
| Current Investments | 85.81 | 560.69 | 77.97 | 75.82 | 212.60 | 537.56 | 0.00 |
| LIABILITIES & EQUITY | |||||||
| Total Equity | 24,253.70 | 22,235.87 | 15,112.05 | 13,609.41 | 13,487.71 | 11,632.34 | 0.00 |
| Equity Share Capital | 1,756.18 | 1,745.25 | 1,641.22 | 1,640.54 | 1,639.67 | 1,642.33 | 0.00 |
| Other Equity | 22,497.52 | 20,490.62 | 13,470.83 | 11,968.87 | 11,848.04 | 9,990.01 | 0.00 |
| Non-Current Liabilities | 8,482.28 | 6,715.10 | 5,589.39 | 4,150.75 | 1,556.55 | 1,299.29 | 0.00 |
| Current Liabilities | 8,363.09 | 5,175.71 | 3,908.44 | 4,189.30 | 1,628.18 | 1,784.68 | 0.00 |
| Total Liabilities | 16,845.37 | 11,890.81 | 9,497.83 | 8,340.05 | 3,184.73 | 3,083.97 | 0.00 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activities | 688.85 | 832.51 | 2,265.70 | 974.71 | 252.31 | 1,085.78 | 0.00 |
| Cash from Investing Activities | -6,510.43 | -7,548.20 | -1,650.48 | -5,384.17 | 710.32 | -378.24 | 0.00 |
| Cash from Financing Activities | 5,040.43 | 6,992.56 | -83.14 | 4,496.10 | -880.58 | -1,011.26 | 0.00 |
| Net Increase/Decrease in Cash | -784.77 | 280.08 | 532.68 | 86.64 | 82.05 | -303.82 | 0.00 |