India, New Delhi: T&D India has requested shareholders’ approval to change the name of the company to GE T&D India, after the company has been taken over by GE.
The special resolution to change the name is on the agenda of Annual General Meeting to be held on July 26, reports The Hindu Business Line.
Earlier this year, the US-based 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).
Source: The Hindu Business Line