GE Vernova T&D India Limited
SBI Life Insurance entered GE Vernova T&D India with 27,25,732 shares, a 1.06% stake worth ₹1,195 Cr at ₹4387.40 apiece.
A leading provider of power transmission and distribution solutions in India, GE Vernova T&D operates within the Grid Solutions business of General Electric. The company designs and manufactures equipment for connecting generation sources to electrical grids, serving utilities and infrastructure developers across the nation. With over a century of industry experience, it offers a comprehensive range of products for power evacuation and grid connectivity.
Joint venture between State Bank of India and BNP Paribas Cardif. Manages over Rs 4.7 lakh crore in total AUM with the flagship SBI Life Equity Fund alone holding over Rs 77,000 crore. One of India's largest private life insurers by AUM, with a multi-cap equity book deployed across ULIP and participating funds.