GE Vernova T&D Announces Completion of Dr. Kirit Parikh's Tenure

K N Mishra

    28/Mar/2025

What's covered under the Article:

  • Dr. Kirit S. Parikh completes term as Independent Director.

  • Cessation of directorship effective from March 28, 2025.

  • Disclosure made as per SEBI Listing Regulations.

GE Vernova T&D India Limited (formerly known as GE T&D India Limited) has officially announced the completion of the tenure of Dr. Kirit S. Parikh as an Independent Director of the Company. As per the company’s disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Dr. Parikh’s term has concluded, and he has ceased to be an Independent Director effective March 28, 2025.

Tenure Completion

Dr. Kirit S. Parikh has completed his term as an Independent Director of GE Vernova T&D India on March 27, 2025. As a result, his directorship officially ends with effect from March 28, 2025. The company has shared this update in compliance with the regulatory requirements set by SEBI, ensuring transparency and proper corporate governance.

Dr. Parikh’s contribution to the company’s board during his tenure has been acknowledged, and the company has expressed gratitude for his valuable insights and governance.

Regulatory Disclosure

In accordance with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, the company has provided all necessary details regarding the completion of Dr. Parikh's tenure in the accompanying Annexure-A. This disclosure includes all pertinent information required under the SEBI Listing Regulations, ensuring complete compliance.

Key Points from the Disclosure:

  • Reason for Change: Completion of tenure as an Independent Director.

  • Date of Appointment/Cessation: Dr. Kirit S. Parikh’s term as an Independent Director concluded on March 27, 2025, with cessation effective March 28, 2025.

  • Brief Profile: Not applicable as it pertains to the completion of tenure.

  • Relationships between Directors: No new disclosures on relationships between directors in this case.

Corporate Governance and Compliance

GE Vernova T&D India continues to prioritize corporate governance and regulatory compliance, ensuring all disclosures and updates are provided transparently and in line with SEBI guidelines. The company’s commitment to good governance is reflected in this timely and accurate disclosure regarding the end of Dr. Parikh’s tenure.

Conclusion

The completion of Dr. Kirit S. Parikh’s tenure as an Independent Director marks a significant moment for GE Vernova T&D India Limited, showcasing the company’s adherence to regulatory practices and corporate governance standards. The company’s consistent efforts to keep stakeholders informed underline its commitment to transparency and accountability in all corporate matters.

GE Vernova T&D India remains dedicated to enhancing its governance framework and ensuring continued growth within the electrical transmission and distribution sector.


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