Declaration of Results of Postal Ballot

Board & Shareholder Meetings View source PDF

GVT&D · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+9.9%1-day move

₹4357.00

prior close

₹4450.00

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.6+1.6+2.3+2.8+9.9+11.3+9.6+11.0+17.0+9.0+9.3+26.4+2.5—

Up moveDown movePending

AI summary

GE Vernova T&D India Ltd has announced the results of a postal ballot conducted for approving a material related party transaction with GE Grid Solutions LLC. The ordinary resolution was passed with overwhelming shareholder approval of 99.9977% in favour. Public institutional investors voted 100% in favour (90.6 million votes), while public non-institutional shareholders approved it with 96.13% support. Notably, the promoter and promoter group did not participate in the voting (0 votes cast), despite holding about 51% of total shares. Total voter turnout was 35.40% of outstanding shares. The scrutinizer, Mr. Sachin Khurana from M/s RMG & Associates, verified the results on May 19, 2026.

Likely market impact

The resolution passed comfortably despite promoter non-participation, indicating strong independent shareholder support for the related party transaction with GE Grid Solutions LLC. This transaction is routine for the company and should have minimal impact on the stock price.