GE T&D INDIA LTD

GE T&D India Ltd - Update

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14 Dec 2021
Dear Sirs, <BR> <BR> We write with reference to our earlier update dated April 30, 2021, wherein we informed that in relation to short term, non-exclusive contracts/purchase orders for global engineering services with other companies in the GE Grid Solutions division outside India, the Company was formally notified that with effect from June 30, 2021 no new contracts/purchase orders will be issued to the Company in relation to those services and existing contracts/purchase orders will lapse at their expiry date or be terminated by notice. Subsequently on this matter as last informed on August 27, 2021 GE Grid Solutions extended the termination date to December 31, 2021. <BR> <BR> On request of the management, GE Grid Solutions has vide its communication dated December 13, 2021 further extended the date of termination to March 31, 2022. <BR> <BR> The management continues to explore options to minimize the impact of such termination on the Company. <BR> <BR> This is for information of the exchange and the members.<BR>
View all announcements for GE T&D India Ltd	Source: BSE India

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