GVT&DBSEGE Vernova T&D India LtdMediumNeutral
Announced Mon, 18 May · 19:49 IST

The Board of Directors at its meeting held today have inter-alia: 1. Approved the re-appointment of M/s. Deloitte Haskins & Sells, Chartered Accounts, (Firm Registration Number: 015125N) ....

Management Changes View source PDF

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▲ 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
+6.0%1-day move
₹4428.70
prior close
₹4350.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+3.4+1.4+2.4+0.9+6.0+8.2+9.5+7.8+9.2+12.9+10.0+23.9+0.9
Up moveDown movePending
AI summary

GE Vernova T&D India Ltd's Board of Directors met on May 18, 2026 and approved four key items. Deloitte Haskins & Sells was re-appointed as Statutory Auditors for a second term of 5 years (from 70th to 75th AGM), subject to shareholder approval. M/s. Ramanath Iyer & Co. was appointed as Cost Auditors for FY 2026-27. Mr. Sushil Kumar was re-appointed as Whole Time Director and CFO for 5 years from January 1, 2027 to December 31, 2031. Mr. Marco Simiano, currently Chief Commercial & Product Officer at GE Vernova's Grid Automation business, was appointed as Additional Non-Executive Non-Independent Director effective July 1, 2026.

Likely market impact

All appointments appear routine with no governance concerns. The re-appointment of the CFO provides continuity in financial leadership. The addition of Marco Simiano from GE Vernova's global operations signals continued parent company alignment.