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GE Power India LimitedImportant, 11-08-2025: Updates

11-08-2025 | 07:40 pm

GE Power India shared more info on its proposed cash pooling with LM Wind Power. This internal GE Vernova group setup boosts liquidity management. The company can earn ~6.68% p.a. on surplus cash, better than 91-day bank deposits (~6.25% p.a.), crucially with no early withdrawal penalty. This flexibility is key for project-based contracts, cutting operational effort & credit risk. It optimizes treasury, securing better returns on idle funds while ensuring swift cash access. Shareholders to vote on this at the AGM.

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