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GE T&D India Ltd - Intimation Of Decision To Sell Global Engineering Operations Division
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25 Jan 2022
Dear Sirs, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that, subject to approval of the shareholders, the Company has, in the meeting of its board of directors that was held on January 24, 2022, agreed to sell its Global Engineering Operations Division (India for Global) (GEOD Business) to GE India Industrial Private Limited (GEIIPL) (a related party) together with the assets and manpower comprised therein along with its corresponding liabilities by way of a slump sale on an &apos;as is where is&apos; basis. Please refer attached letter for further details. Thanking you,
View all announcements for GE T&D India Ltd Source: BSE India