GE Vernova T&D India Limited has informed the Exchange regarding Appointment of Ms Rashmi Joshi as Independent Director of the company w.e.f. March 20, 2026.
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GE Vernova T&D India informed the exchanges that shareholders have approved two resolutions via postal ballot, with results deemed passed on March 20, 2026. The first resolution appoints Ms. Rashmi Joshi, a qualified Chartered Accountant and Company Secretary with over three decades of finance leadership experience across sectors like Oil & Gas, FMCG, and Pharmaceuticals, as an Independent Director for a first term of five years (March 20, 2026 to March 19, 2031). The second resolution re-appoints Mr. Sandeep Zanzaria as Managing Director and CEO for a further three-year period (April 17, 2026 to April 16, 2029). Mr. Zanzaria has over 36 years of experience in India's T&D sector and has been with the company since 2017. Both directors are not debarred by SEBI or the Ministry of Corporate Affairs from holding such office.
This is a routine governance update with no negative implications. The re-appointment of the existing MD & CEO provides leadership continuity, while the addition of an experienced finance professional as Independent Director strengthens the board's financial oversight. Shareholders are unlikely to see any material impact on the stock from this announcement.