GE POWER INDIA LIMITED

GE Power India Limited held an investor conference call on July 10, 2026, led by Managing Director Puneet Bhatla and CFO Rahul Rojal. Management discussed the company's turnaround journey and the strategic rationale for the proposed demerger of the Durgapur business. Over the past two years, GE Power India has focused on high-margin opportunities, resulting in significant improvements in financial metrics, including an increase in net worth from INR 57 crores to INR 483 crores and a positive EBITDA of INR 277 crores. The proposed demerger aims to simplify the portfolio and enhance shareholder value, with shareholders receiving shares in JSW Energy without dilution of their current holdings in GE Power India. Management assured that there would be no disruption to manufacturing support post-demerger, supported by a five-year agreement with JSW Energy. The Board has approved the resolution for the demerger, inviting shareholder votes for a smooth transition.

Management emphasized significant improvements in financial performance and strategic initiatives.