GE Power India Limited has announced the resignation of its Whole-time Director and Chief Financial Officer, Mr. Aashish Ghai, effective May 13, 2026. The company disclosed this leadership change to stock exchanges on March 13, 2026, in compliance with SEBI regulations.

Resignation Details

Mr. Ghai's resignation becomes effective from the close of business hours on May 13, 2026. He has decided to step down to pursue career opportunities outside the organization, as stated in his formal resignation letter.

Regulatory Compliance and Documentation

GE Power India Limited has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company formally notified both the National Stock Exchange of India Limited (Symbol: GVPI) and BSE Limited (Scrip Code: 532309) about this key managerial personnel change.

Company Secretary and Compliance Officer Kamna Tiwari signed the disclosure documents, ensuring proper regulatory compliance. The complete resignation documentation, including Mr. Ghai's resignation letter, was submitted as part of the mandatory requirements.

Official Resignation Letter

In his resignation letter dated March 13, 2026, addressed to the Managing Director, Mr. Ghai expressed sincere appreciation to the Board of Directors and colleagues for their cooperation and support during his tenure. He wished GE Power India Limited continued success in all future endeavors while confirming his decision to explore external career opportunities.

Company Information

GE Power India Limited operates under CIN L74140MH1992PLC068379. The company maintains its corporate office at Axis House, Plot No I-14, Towers 5 & 6, Jaypee Wish Town, Sector 128, Noida, Uttar Pradesh, and its registered office at Regus Magnum Business Centers, 11th floor, Platina, Block G, Plot C-59, BKC, Bandra (E), Mumbai, Maharashtra.

GE Power India Limited has announced a credit rating upgrade from ICRA Limited, reflecting improved creditworthiness for the company's banking facilities. The rating agency has enhanced both long-term and short-term ratings for the company's Line of Credit facilities.

Credit Rating Enhancement Details

ICRA Limited has upgraded the company's credit ratings across two categories. The changes demonstrate the rating agency's confidence in the company's financial position and credit profile.

Regulatory Compliance and Communication

The company communicated this development to stock exchanges on March 3, 2026, in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification was made under Para A of Part A Schedule III of the regulations.

This announcement follows an earlier intimation made by the company on July 16, 2025, regarding the same subject matter. The company secretary and compliance officer, Kamna Tiwari, signed the regulatory filing digitally on March 9, 2026.

Company Information

GE Power India Limited operates under CIN L74140MH1992PLC068379 and is part of GE Vernova. The company maintains its corporate office in Noida, Uttar Pradesh, while its registered office is located in Mumbai, Maharashtra. The company trades on stock exchanges under the symbol GVPIL.