GE Vernova T&D India Limited has announced a comprehensive postal ballot notice seeking shareholder approval for three significant corporate resolutions that will shape the company's leadership and business operations.

Key Resolutions for Shareholder Approval

The company has outlined three critical agenda items requiring member approval through remote e-voting:

Leadership Appointments and Tenure

Independent Director Appointment

Ms. Rashmi Joshi (DIN: 06641898) has been proposed for appointment as an Independent Director for a five-year term from March 20, 2026, to March 19, 2031. With over three decades of business-oriented finance leadership experience across Oil & Gas, Lubricants, FMCG, Consumer Durables, and Pharmaceuticals sectors, she brings extensive expertise in corporate governance and risk management.

Ms. Joshi previously served as Executive Director at Veedol Corporation Limited and Castrol India Limited, and currently holds directorships in multiple listed entities including Bharat Forge Limited, Orkla India Limited, Morganite Crucible (India) Limited, and Vesuvius India Limited.

Managing Director Re-appointment

Mr. Sandeep Zanzaria (DIN: 08905291) seeks re-appointment as Managing Director and Chief Executive Officer for a three-year term from April 17, 2026, to April 16, 2029. During his current tenure, the company has experienced significant growth in revenue, profitability, cash balance, and market capitalization.

The proposed remuneration structure includes:

Material Related Party Transactions

The company seeks approval for transactions worth up to ₹30,000 million with UK Grid Solutions Limited, a fellow subsidiary within the GE Vernova group. These transactions involve:

The transactions represent 70% of the company's annual consolidated turnover for the immediately preceding financial year and 51.1% of the related party's annual consolidated turnover. These arrangements enable the company to access international markets, optimize manufacturing capabilities, and leverage specialized GE Vernova technology and expertise.

Voting Timeline and Process

Shareholders can participate in the remote e-voting process according to the following schedule:

The postal ballot notice has been sent electronically to shareholders whose email addresses are registered with the company, depositories, or depository participants. Mr. Manish Gupta of M/s. RMG & Associates, Company Secretaries, has been appointed as the Scrutinizer to ensure fair and transparent voting.

Corporate Governance and Compliance

All proposed transactions with UK Grid Solutions Limited will be conducted at arm's length basis, in the ordinary course of business, and in the company's interest. The Audit Committee and Board of Directors approved these resolutions at their meeting held on January 28, 2026.

The company's transfer pricing policy, governed by Income Tax Act provisions and benchmarked by independent consultants, ensures compliance with OECD guidelines and maintains arm's length pricing for all related party transactions.

Resolutions passed by the requisite majority will be deemed effective from March 20, 2026, the last date specified for remote e-voting. The results will be published on the company's website and submitted to BSE Limited and National Stock Exchange of India Limited.

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Multiple companies have announced their unaudited financial results for the quarter and nine months ended December 31, 2025, in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

GE Vernova T&D India Limited Performance

GE Vernova T&D India Limited (formerly known as GE T&D India Limited) reported robust financial performance for Q3 FY26. The company's total income reached ₹17,193.9 million for the quarter ended December 31, 2025, representing a significant increase from ₹10,994.5 million in the corresponding quarter of the previous year.

The company also secured several major orders during Q3 FY26, including contracts from Power Grid Corporation of India Ltd (PGCIL) for refurbishment of 2x500MW Chandrapur HVDC Back to Back Station and 765 kV power transformers at various transmission pooling stations.

Shemaroo Entertainment Limited Results

Shemaroo Entertainment Limited reported challenging financial performance for Q3 FY26. The company posted a consolidated net loss of ₹5,489 lakhs for the quarter ended December 31, 2025, compared to a net loss of ₹3,653 lakhs in the corresponding quarter of the previous year.

Tata Motors Limited Financial Update

Tata Motors Limited (formerly TML Commercial Vehicles Limited) announced its consolidated financial results showing improved performance. The company reported consolidated net profit of ₹705 crores for Q3 FY26 compared to ₹1,355 crores in Q3 FY25.

Other Company Announcements

Mangal Electrical Industries Limited and Sagility Limited also announced their quarterly results for the period ended December 31, 2025. Both companies' boards of directors approved the unaudited financial results at meetings held on January 28, 2026.

Additionally, Bombay Coated and Special Steels Limited announced its initial public offering (IPO) plans, filing a draft red herring prospectus dated January 28, 2026, with SEBI for an issue aggregating up to ₹1,910.00 million.

Regulatory Compliance

All companies have made their detailed financial results available on stock exchange websites at www.bseindia.com and www.nseindia.com , as well as on their respective company websites. The results were reviewed by audit committees and approved by boards of directors at meetings held on January 28-29, 2026, ensuring compliance with SEBI listing regulations.