GE Power India intimates of change in promoter holding


GE Power India intimates of change in promoter holding

GE Energy Europe B.V. sells entire stake in GE Power India to Alstom Finance B.V.

GE Power India announced that GE Energy Europe B.V. (GEEE B.V.) on 02 May 2017 has sold its entire shareholding (13,789 shares) in GE Power India to another promoter, Alstom Finance B.V. presently known as Alstom India Tracking B.V). On account of this transaction, GEEE B.V. has ceased to hold any shares in the Company.

Accordingly GEEE B.V. shall no longer be disclosed as a promoter in any disclosures made by the Company in accordance with applicable laws in India and in the shareholding pattern of the Company, on a going forward basis. Read More…

 

Credit By : Business Standard

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