GE T&D India promoters to sell 11.7% stake via OFS at ₹1,400 per share
Wed, Sep 18, 2024 7:05 PM

GE T&D India promoters to sell 11.7% stake via OFS at ₹1,400 per share

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Power transmission and distribution solution provider GE T&D India Ltd's promoters, Grid Equipments Private Ltd and GE Grid Alliance B.V. (formerly Alstom Grid Holding B.V.), announced a proposed offer for sale (OFS) on Wednesday (September 18). The floor price of the offer will be ₹1,400 per equity share. The OFS involves up to 11.7% of the company’s equity share capital.

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