BSE, NSE clear GE Power India demerger into JSW Energy
GE Power India Limited (GEPIL) and JSW Energy Limited (JSWEL) have received no-objection letters from BSE Limited (BSE) and National Stock Exchange of India Limited (NSE) for their proposed demerger scheme, removing a key regulatory step before filing the arrangement with the National Company Law Tribunal (NCLT). BSE issued its observation letter with “no adverse observations” on April 1, 2026, while NSE granted its “no objection” on the same date. Under the scheme, GE Power…