Corporate News     27-Aug-21
GE T&D India updates on extension of termination of new contracts by GE Grid Solutions
GE T&D India announced 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 30 June 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 31 July 2021 GE Grid Solutions extended the termination date to 31 August 2021.

On request of the management, GE Grid Solutions has vide its communication dated 26 August 2021 further extended the date of termination to 31 December 2021.

The management continues to explore options to minimize the impact of such termination on the Company.

Previous News
  Market turns rangebound; realty shares slides
 ( Market Commentary - Mid-Session 01-Aug-24   11:42 )
  GE T&D India reports standalone net profit of Rs 16.11 crore in the March 2021 quarter
 ( Results - Announcements 11-Jun-21   07:54 )
  GE T&D India to conduct board meeting
 ( Corporate News - 03-Nov-23   12:44 )
  GE T&D India reports standalone net profit of Rs 4.74 crore in the December 2022 quarter
 ( Results - Announcements 10-Feb-23   07:37 )
  GE T&D India to discuss results
 ( Corporate News - 05-Aug-22   14:26 )
  GE T&D India
 ( Results - Analysis 08-Nov-17   12:49 )
  GE T&D India standalone net profit declines 39.72% in the March 2018 quarter
 ( Results - Announcements 25-May-18   09:31 )
  GE T&D India reports standalone net loss of Rs 22.53 crore in the March 2022 quarter
 ( Results - Announcements 20-May-22   15:33 )
  GE T&D India appoints Mahesh Palashikar as Chairman
 ( Corporate News - 16-Feb-21   10:45 )
  Volumes spurt at GE T&D India Ltd counter
 ( Hot Pursuit - 14-Mar-19   14:30 )
  GE T&D India hits the roof after reporting multi-fold PAT in Q1 FY25
 ( Hot Pursuit - 01-Aug-24   11:17 )
Other Stories
  GAIL (India) signs MoU with AM Green
  04-Oct-24   19:27
  EaseMyTrip.com resumes bookings to the Maldives
  04-Oct-24   19:25
  BLS completes acquisition of Dubai-based Citizenship Invest
  04-Oct-24   19:23
  Insecticides India launches new maize herbicide 'Torry Super'
  04-Oct-24   19:21
  Landmark Cars receives LoI from Mercedes-Benz India
  04-Oct-24   19:19
  Astra Microwave Products receives affirmation in credit ratings from CRISIL
  04-Oct-24   19:16
  Supreme Petrochem receives affirmation in credit ratings
  04-Oct-24   19:10
  Astec LifeSciences director resigns
  04-Oct-24   19:08
  Board of Gravita India approves change in directorate
  04-Oct-24   19:05
  Board of Gravita India approves fund raising up to Rs 1,000 cr
  04-Oct-24   19:03
Back Top