GE Power India Share Price in Focus; CFO & Whole-Time Director Aashish Ghai Resigns

GE Power India Limited has announced the resignation of its Whole-time Director and Chief Financial Officer, Aashish Ghai. The company disclosed the development through a regulatory filing dated March 13, 2026, made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.  

According to the disclosure, Ghai will step down from his roles with effect from the close of business hours on May 13, 2026.  

Reason for Stepping Down 

In the filing, the company stated that Ghai has resigned to pursue opportunities outside the organisation. The details were provided as part of the disclosure requirements under the listing regulations.  

The document also clarified that his resignation concerns the positions of Whole-time Director and Chief Financial Officer. As part of the regulatory disclosure, the company noted that information such as a brief profile and term of appointment was not applicable in the context of the resignation.  

Effective Date of Cessation 

The company confirmed that Ghai will continue in his role until the close of business hours on May 13, 2026. This provides a transition period of around 2 months from the date of the announcement made on March 13, 2026.  

The resignation details were shared by the company’s corporate office in Noida, while the registered office remains located in Bandra-Kurla Complex, Mumbai, according to the filing.  

Contents of the Resignation Letter 

A copy of the resignation letter was also included with the disclosure. In the letter addressed to the Managing Director of GE Power India Limited, Ghai formally tendered his resignation from the position of Chief Financial Officer and Whole-time Director.  

He noted that his decision was taken to pursue career opportunities outside the organisation. Ghai also thanked the Board of Directors and colleagues for their cooperation and support during his tenure with the company.  

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GE Power India Share Price Performance  

As of March 16, 2026, 11:25 am, GE Power India Ltd share price was trading at ₹437.00, a 1.31% decrease from the previous closing price. 

Conclusion 

With the resignation scheduled to take effect in May 2026, GE Power India will see a change in its senior leadership. The company has informed stock exchanges of the development as required under SEBI disclosure norms. 

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