Alstom T&D changes name to GE T&D India1 min read . Updated: 02 Aug 2016, 07:47 PM IST
Alstom had got shareholders' approval for changing the name of the company to GE T&D India as the firm has been taken over by US giant General Electric
New Delhi: Alstom T&D India will now be called GE T&D India as the company has changed its name, effective from Tuesday, following its acquisition by US giant General Electric. “Name of the company has been changed with effect from 2 August 2016 from ALSTOM T&D India Ltd to GE T&D India Ltd," the company said in a BSE filing on Tuesday.
Earlier last month, the company had got shareholders’ approval for changing the name of the company to GE T&D India as the firm has been taken over by US giant General Electric. The special resolution to change the name was on the agenda of annual general meeting held on 26 July 2016, which was approved by the shareholders.
Earlier this year, the US-based energy and healthcare giant GE had made an open offer following its $16.9 billion bid to acquire the global energy assets of French multinational Alstom. Alstom had two listed entities in India with business interests in power generation and transportation (Alstom India) and transmission and distribution sector (Alstom T&D).