Leadership Change at GE Power India: Prashant Jain Resigns, Puneet Bhatla Steps In

GE Power India Ltd announced the resignation of Managing Director Prashant Jain, effective August 31, 2024. The board has appointed Puneet Bhatla as the new MD from September 1, 2024, subject to shareholder approval. The company's operations span engineering, procurement, manufacturing, construction, and servicing of power plants and equipment.

GE Power India Ltd (GPIL) has announced the resignation of its Managing Director, Prashant Jain, effective from the close of business hours on August 31, 2024. This key development was disclosed in an exchange filing on Wednesday.

The company's board has approved the appointment of Puneet Bhatla as the new Managing Director and Additional Director, starting from September 1, 2024, until June 30, 2027, contingent upon approval by the company's members.

GE Power India is engaged in a wide range of operations, including engineering, procurement, manufacturing, construction, and servicing of power plants and equipment.

(With inputs from agencies.)