GE Vernova T&D India Reports Update on Writ Petition Before Supreme Court
GE Vernova T&D India Ltd provided an update regarding ongoing litigation, following up on an announcement made on November 14, 2025. The proceedings concern an exemption previously availed for importing 'parts' used in the manufacture of 'relays'.The Company, which manufactures various electrical equipment including relays, initiated the matter with a writ petition before the Hon'ble Madras High Court against the Order-in-Original dated March 25, 2015, issued by the Assistant Commissioner of Excise on jurisdictional grounds.
Details of the legal proceedings are summarized below:
| Development in Litigation Status | Details |
|---|---|
| Hon'ble Madras High Court Ruling | The writ petition filed by the Company was dismissed, directing the Company to the appellate authority. |
| Company Action | The Company filed a Special Leave Petition on November 13, 2025, before the Hon'ble Supreme Court, seeking ad-interim ex-parte stay of the Order-in-Original dated March 25, 2015. |
| Supreme Court Order | The Hon'ble Supreme Court of India passed an order on April 8, 2026, which was received on April 10, 2026. This order dismissed the Special Leave Petition and permitted the Company to pursue the remedy of filing an appeal before the Commissioner (Appeals). |
| Next Steps | The Company will be filing an appeal, on merits, before the Commissioner (Appeals) against the Order-in-Original dated March 25, 2015, issued by the Assistant Commissioner of Excise. |
Regarding litigation involving key management personnel, promoters, or ultimate persons in control, the status remains Not Applicable.
Furthermore, the Company reported that there are no details to report concerning the settlement of proceedings, including any terms of settlement, compensation, or penalty paid, as this aspect is Not Applicable.
Stock Price Movement
GE Vernova T&D India Ltd shares settled at ₹4070.00 this Friday, advancing by 4.00% at the close of the market. Throughout the day, the stock navigated a fairly wide band, ranging between a low of ₹3945.15 and an intraday peak at ₹4125.00.Source:
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