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…