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Corporate Actions
GE Vernova T&D India re-appoints Sandeep Zanzaria as CEO for 3-years

23-Mar-26   15:35 Hrs IST
Zanzaria, who brings over 36 years of experience in the transmission and distribution sector, has been associated with key leadership roles across organizations including Bharat Heavy Electricals Limited, ALSTOM T&D, and GE Vernova. He has been instrumental in driving strategy and growth initiatives in the Grid Solutions business in South Asia.

In a parallel development, the company has appointed Rashmi Joshi as an Independent Director for a five-year term from 20 March 2026 to 19 March 2031. She will not be liable to retire by rotation.

Joshi is a chartered accountant and company secretary with over three decades of experience across sectors such as oil & gas, Lubricants, FMCG, consumer durables, and pharmaceuticals. She has held senior leadership roles, including executive director positions at Castrol India and Veedol Corporation, and has served on the boards of several listed entities.

The company also confirmed that both appointees are not related to any existing directors on the board.

GE Vernova T&D India is an engaged in the power transmission and distribution business. The company offers a comprehensive and robust range of solutions for connecting and evacuating power from generation sources to the grid, and a wide range of products including power transformers, circuit breakers, gas-insulated switchgear, instrument transformers, substation automation, digital software solutions, turnkey substation solutions, FACTS, HVDC, and maintenance support.

The company's standalone net profit surged 103.81% to Rs 290.8 crore on 58.4% increase in revenue from operations to Rs 1,700.64 crore in Q3 FY26 over Q3 FY25.

The counter dropped 5.22% to Rs 3,488 on the BSE.

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