BSEMediumNeutral
Announced Thu, 19 Jun · 16:05 IST

Intimation of Record Date

Management Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

GE Vernova T&D India announced outcomes from its June 19, 2025 board meeting. Mr. Sanjay Sagar was re-appointed as an Independent Director for a second 5-year term (July 1, 2025 to June 30, 2030), subject to shareholder approval at the upcoming AGM. M/s. RMG & Associates was appointed as Secretarial Auditor for a 5-year term covering FY 2025-26 to FY 2029-30, also subject to shareholder approval. The 69th Annual General Meeting has been scheduled for September 10, 2025 via video conferencing. The Board fixed August 22, 2025 as the record date to determine shareholders eligible for the final dividend of Rs. 5 per equity share (250%) for FY 2024-25.

Likely market impact

These are routine corporate governance actions with no negative implications. The Rs. 5 per share final dividend continues shareholder rewards, while the director re-appointment and new auditor appointment indicate board stability. Shareholders should note the August 22, 2025 record date to be eligible for the dividend.