An Extraordinary General Meeting (EGM) of JSW Energy was held on January 3, 2026, where members approved all proposed resolutions with the requisite majority. These included preferential issue of equity shares and convertible warrants, along with material related party transactions. The meeting was conducted via video conferencing, and results are available on the company’s website.
EGM Outcome Summary
JSW Energy successfully convened its Extraordinary General Meeting (EGM) on January 3, 2026, utilizing video conferencing and other audio-visual means. Key proposals received approval from the members, as detailed in the meeting notice dated December 12, 2025.
Resolutions Approved
The EGM saw the approval of the following key resolutions:
- Preferential Issue of Equity Shares: Approved on a private placement basis to the Equity Allottee (Special Resolution).
- Preferential Issue of Convertible Warrants: Approved on a private placement basis to the Warrants Allottee (Special Resolution).
- Issue of Equity Shares, etc.: Approved (Special Resolution).
- Material Related Party Transactions: Approved, involving JSW Thermal Energy Limited and Toshiba JSW Power Systems Private Limited (Ordinary Resolution).
Voting Details
According to the scrutinizer’s report, each resolution was passed with a significant majority. Detailed voting results, including votes in favor, against, and invalid votes, can be reviewed on the company’s website. The scrutinizer’s report confirmed compliance with all regulatory requirements.
Details from Scrutinizer’s Report
The consolidated scrutinizer’s report showed high levels of shareholder participation with most resolutions receiving over 99% support. The voting was conducted via a remote e-voting facility and e-voting during the EGM. Shareholders of record as of December 29, 2025, were eligible to vote.
Source: BSE
