GE Vernova T&D India Ltd

📊 GE Vernova T&D India Seeks Approval for $151M Deal with Parent

• Proposed transactions with GE Grid Solutions LLC valued at USD 151 million (approx. INR 13,600 million)

• Involves sale and purchase of goods and/or services, including project-related services

• Represents 31.7% of the company's annual consolidated turnover based on last audited financials

• GE Grid Solutions LLC is a fellow subsidiary under GE Vernova Inc., based in the USA

• Audit Committee and Board have approved the transactions, confirming they are at arm's length and in the company's interest

• No directors or key managerial personnel have a financial interest in these transactions