[ad_1] Power transmission and distribution solution provider GE T&D India Ltd’s promoters, Grid Equipments Private Ltd and GE Grid Alliance B.V. (formerly Alstom Grid Holding B.V.), announced a proposed offer for sale (OFS) on Wednesday (September 18). The floor price of the offer will be ₹1,400 per equity share. The OFS involves up to 11.7% […]
GE T&D India shares hit a lower circuit of 5% after promoters mull minority stake sale – CNBC TV18
[ad_1] Shares of GE T&D India Ltd. are locked in a lower circuit of 5% on Wednesday, August 21. This drop follows the company’s announcement that its promoters are considering the sale of a minority stake to streamline their holding structure. In a filing on August 20, the company announced that its promoter group — […]
GE T&D India promoter group likely to sell minority stake to simplify holding structure – CNBC TV18
[ad_1] Power transmission and distribution solution company GE T&D India Ltd on Tuesday (August 20) said its promoter group is considering selling a minority stake as part of a broader effort to simplify its holding structure. The promoter group, consisting of GE Grid Alliance B.V. (formerly Alstom Grid Holding B.V.), which holds a 6.46% stake, […]