GE Power India Limited: NCLT Convened Unsecured Creditors' Meeting – E-Voting Results

Regulatory 20 Jul 2026 · Filed / open· ✓ Verified

GE Power India Limited, a subsidiary of General Electric operating in India's power generation sector, convened a meeting of its unsecured creditors under NCLT jurisdiction to seek approval for a scheme of arrangement or restructuring proposal. The meeting was held on 20 July 2026 at 4:30 p.m. IST. Voting occurred both remotely and in-person. The scrutinizer's consolidated report on e-voting outcomes was formally reported to NSE (stock exchange listing disclosure) on 21 July 2026, indicating the scheme required shareholder and creditor approval.

Why it mattersNCLT-supervised creditor class voting on a scheme of arrangement signals a capital restructuring, likely a debt-for-equity or payment moratorium; the company required formal creditor consent under Sections 230–232 of the Companies Act 2013.
CounselScrutinizer (appointed by GE Power India Limited for e-voting)
SectorEnergy & Renewables
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