Governance Negative

2026-08-26 18:27

CRITICAL RED FLAG DETECTED

- Postal Ballot to appoint M/s. Price Waterhouse Chartered Accountants LLP as Statutory Auditors. - This follows the resignation of M/s. SRBC & CO LLP to align with the holding company's auditors. - Voting period is from 27th August 2026 to 25th September 2026. - Proposed annual remuneration for the new auditors is ₹1.58 crores (a 7% increase).

Business Update Positive

2026-08-20 11:00

- Axiro Semiconductor Private Limited, a Wholly Owned Subsidiary of CG Power, completed the acquisition of 100% shareholding in Tosil Systems Private Limited for ₹16.44 Crores. - Tosil has become a Wholly Owned Subsidiary of Axiro.

Governance Negative

2026-08-19 15:09

CRITICAL RED FLAG DETECTED

- CG Power's Board approved the appointment of Price Waterhouse Chartered Accountants LLP as Statutory Auditors. - This appointment is effective from August 19, 2026, until the 90th AGM in 2027. - The appointment fills a casual vacancy due to the stepping down of the previous auditors, M/s. S R B C & CO LLP. - The appointment is subject to shareholder approval.

Business Update Negative

2026-08-18 21:18

- CG Power and Industrial Solutions Limited reported a suspected cyber-event on its IT systems. - The company stated its core systems and operations remain unaffected. - They are working with cybersecurity experts and have notified CERT-In for investigation and remediation.

Business Update Positive

2026-08-17 14:57

- Acquisition: CG Power and Industrial Solutions Limited's wholly-owned subsidiary, Axiro Semiconductor Private Limited, has entered into a definitive agreement to acquire 100% shareholding in Tosil Systems Private Limited. - Consideration: The acquisition is for a cash consideration of ₹16.44 Crores. - Business of Acquired Entity: Tosil Systems Private Limited is an established company providing semiconductor and embedded engineering services, including silicon design, verification, physical implementation, embedded software, and Edge AI engineering services. - Rationale: The acquisition is expected to strengthen the Company's semiconductor design capabilities. - Completion Timeline: Expected to be completed on or before 31st August 2026. - Tosil's Turnover (FY26): ₹11.94 Crores.

Governance Negative

2026-08-14 20:23

CRITICAL RED FLAG DETECTED

- Statutory auditors, M/s. S R B C & CO LLP, resigned effective August 14, 2026. - Reason: To align with the holding company's auditors due to rotation provisions. - No concerns or disagreements were raised by the auditors.

Business Update Neutral

2026-08-12 10:33

- Meeting Schedule with Analyst(s)/Institutional Investor(s) - Meeting Date: Wednesday, 12th August 2026 - Organized by: Premji Invest

Business Update Neutral

2026-08-12 10:04

- Schedule of meetings with Analyst(s)/Institutional Investor(s) - Meeting Date: Tuesday, 18th August 2026 - Meetings organized by: Fidelity International and First State Investment

Ownership Neutral

2026-08-06 21:02

- Allotted 2,18,000 equity shares under ESOP 2021 on August 6, 2026. - Shares issued at exercise prices of ₹305.55 and ₹635.10 per share. - Paid-up equity capital increased to ₹315,09,00,118.

Business Update Neutral

2026-07-30 19:32

- Transcript of the conference call held with analysts/investors on July 24, 2026, has been uploaded on CG Power and Industrial Solutions Limited's website.

Ownership Neutral

2026-07-30 12:29

- CG Power allotted 2,18,150 equity shares under ESOP 2021 on July 30, 2026. - This increased the company's paid-up equity share capital from Rs. 315,00,27,818 to Rs. 315,04,64,118.

Governance Positive

2026-07-25 19:18

- The 89th Annual General Meeting (AGM) of CG Power and Industrial Solutions Limited was held on July 24, 2026. - All resolutions proposed at the AGM, including the adoption of standalone and consolidated financial statements, confirmation of interim dividend, re-appointment of Mr. Vellayan Subbiah, and ratification of the Cost Auditor's remuneration, were approved and passed by the members with requisite majority.

Governance Positive

2026-07-24 19:18

- The 89th Annual General Meeting (AGM) of CG Power and Industrial Solutions Limited was held on July 24, 2026, via Video Conferencing. - Shareholders adopted Standalone and Consolidated Financial Statements for the Financial Year ended March 31, 2026. - An interim dividend of ₹1.30/- per Equity Share for the Financial Year 2025-26 was confirmed. - Auditors' and Secretarial Auditor's reports for FY26 had no qualifications or adverse comments. - Mr. Vellayan Subbiah was re-appointed as Director, and remuneration for the Cost Auditor for FY27 was ratified.

Business Update Neutral

2026-07-24 18:36

- Audio recording of the conference call held with analysts and investors on July 24, 2026, has been uploaded to the company's website.

Financials Positive

2026-07-24 17:01

- Consolidated Revenue ₹3,281Cr vs ₹2,878Cr (▲14% YoY) - EBITDA ₹481Cr vs ₹409Cr (▲17% YoY) - PAT ₹308Cr vs ₹267Cr (▲16% YoY) - EBITDA Margin 14.7% vs 14.2% (▲50bps) - Unexecuted Order backlog increased 45% YoY to ₹18,965 Cr. - Commissioned new EHV switchgear manufacturing facility and commenced commercial production at G1 Outsourced Semiconductor Assembly and Test facility. - Auditors S R B C & CO LLP to resign effective August 14, 2026, for alignment with the Holding Company's auditor network.

Financials Positive

2026-07-24 15:13

CRITICAL RED FLAG DETECTED

- Consolidated Revenue ₹3,281Cr vs ₹2,878Cr (▲14% YoY) - EBITDA ₹481Cr vs ₹409Cr (▲17% YoY) - PAT ₹308Cr vs ₹267Cr (▲16% YoY) - EBITDA Margin 14.7% vs 14.2% (▲50bps) - Consolidated Order intake for the quarter was INR 5,211 Cr. - Unexecuted Order backlog as of 30th June 2026 was 45% higher YoY at INR 18,965 Cr. - Commissioned a new Extra High Voltage (EHV) switchgear manufacturing facility, expanding capacity by 80%. - CG Semi, a subsidiary, commenced commercial production at its G1 Outsourced Semiconductor Assembly and Test facility. - S.R. Batliboi & Associates LLP will resign as statutory auditors effective August 14, 2026, due to auditor rotation rules and alignment with the holding company.

Governance Negative

2026-07-24 14:53

CRITICAL RED FLAG DETECTED

- Statutory Auditor M/s. S R B C & CO LLP has submitted its intent to resign, effective August 14, 2026. - The resignation is to align CG Power's statutory auditors with the network of its Holding Company's (Tube Investments of India Limited) auditors.

Financials Positive

2026-07-24 14:32

- Consolidated Revenue ₹3,280.81Cr vs ₹2,878.05Cr (▲14.0% YoY) - EBITDA ₹397.28Cr vs ₹381.22Cr (▲4.2% YoY) - PAT ₹308.28Cr vs ₹266.87Cr (▲15.5% YoY) - EBITDA Margin 12.1% vs 13.2% (▼113bps) - Board approved a brownfield expansion project for its EHV Gas Insulated Switchgear (GIS) manufacturing facility at Vilholi, Nashik. - The project, costing ₹35.17 Crores, aims to double existing manufacturing capacity due to full utilization and higher order pipeline, with completion expected in 4-6 months.

Financials Positive

2026-07-24 14:25

- Consolidated Revenue ₹3,280.81Cr vs ₹2,878.05Cr (▲14.02% YoY) - EBITDA ₹397.28Cr vs ₹381.22Cr (▲4.21% YoY) - PAT ₹308.28Cr vs ₹266.87Cr (▲15.52% YoY) - EBITDA Margin 12.11% vs 13.24% (▼113bps)

Ownership Neutral

2026-07-17 13:04

- CG Power and Industrial Solutions Limited allotted 34,660 equity shares on July 17, 2026, under ESOP 2021 at an exercise price of Rs. 400.45 per share. - This allotment increased the paid-up equity share capital from Rs. 3,14,99,58,498 to Rs. 3,15,00,27,818.

Business Update Neutral

2026-07-17 13:00

- Concall Schedule - Concall Date: Friday, 24th July 2026 - Concall Time: 4:15pm IST

Routine Neutral

2026-07-15 23:05

- Corrigendum issued to the Annual Report FY 2025-26 to correct a typographical error. - The average increase in employee salary, other than managerial personnel, should be 9% instead of 32.16%. - The error has no impact on the financial statements for FY 2025-26.

Governance Neutral

2026-07-14 12:39

- A Board Meeting of CG Power and Industrial Solutions Limited is scheduled for Friday, July 24, 2026. - The meeting will consider and approve the Unaudited Financial Results (Standalone and Consolidated) for the first quarter ended June 30, 2026. - The trading window for designated persons remains closed until 48 hours after the declaration of results.

Business Update Positive

2026-07-04 20:27

- CG Semi Private Limited (a joint venture of CG Power and Industrial Solutions Ltd., Renesas Electronics, and Stars Microelectronics) has commenced commercial production at its G1 Outsourced Semiconductor Assembly and Test (OSAT) facility in Sanand, Gujarat, on July 4, 2026. - The G1 facility, inaugurated in August 2025, has a peak capacity of up to 300 million units per year. - The venture is investing over ₹7,600 crore over five years to develop two OSAT facilities (G1 and G2).

Governance Neutral

2026-06-30 16:31

- The 89th Annual General Meeting (AGM) will be held on Friday, July 24, 2026, at 03:00 p.m. (IST) via Video Conferencing/Other Audio Visual Means. - Agenda includes adoption of financial statements for FY2025-26, confirmation of interim dividend of ₹1.30/- per equity share, re-appointment of Mr. Vellayan Subbiah, and ratification of Cost Auditor remuneration.

Governance Neutral

2026-06-30 16:23

- CG Power and Industrial Solutions Limited announced its 89th Annual General Meeting (AGM) to be held on Friday, July 24, 2026, at 3:00 p.m. (IST) via Video Conferencing/OAVM. - The agenda includes adoption of FY2025-26 financial statements, confirmation of interim dividend of ₹1.30 per equity share, re-appointment of Mr. Vellayan Subbiah, and ratification of Cost Auditor remuneration for FY2026-27.

Ownership Neutral

2026-06-26 15:53

- The trading window for dealing in company securities will be closed for Designated Persons from June 30, 2026. - It will remain closed until 48 hours after the publication of the unaudited financial results for the quarter ending June 30, 2026.

Business Update Neutral

2026-06-23 11:42

- Concall Schedule Update - Original meeting date with Analyst(s)/Institutional Investor(s) was Friday, 26th June, 2026. - The meeting has been postponed to Monday, 29th June, 2026. - The one-to-one meeting is organised by Jefferies India Private Limited.

Routine Neutral

2026-06-15 18:36

- CG Power allotted 21,000 equity shares under ESOP 2021 on June 15, 2026. The shares were exercised at Rs. 400.45 per share. - The paid-up equity share capital increased from Rs. 3,14,99,16,498 to Rs. 3,14,99,58,498.

Business Update Neutral

2026-06-10 16:25

- Investor Meeting Schedule - Meeting Date: Thursday, 18th June, 2026 - Organized by: Nomura Financial Advisory & Securities (India) Private Limited

Business Update Neutral

2026-06-08 12:29

- Intimation of schedule of one-to-one meetings with Analysts/Institutional Investors. - Meetings are scheduled for Thursday, 18th June, 2026, and Friday, 26th June, 2026. - Organizers include Jefferies India Private Limited, JP Morgan Asset Management, and Chola Securities.

Business Update Neutral

2026-06-08 12:28

- Schedule of meetings with Analyst(s)/Institutional Investor(s) - Thursday, 18th June, 2026: Meetings organized by Jefferies India Private Limited, JP Morgan Asset Management, Chola Securities. - Friday, 26th June, 2026: Meeting organized by Jefferies India Private Limited.

Business Update Positive

2026-06-04 17:41

- CG Power and Industrial Solutions Ltd. commissioned its Extra High-Voltage (EHV) Switchgear Manufacturing Facility (S3 Unit-II) in Nashik, Maharashtra, on June 4, 2026. - This new facility expands the company's EHV circuit breaker manufacturing capacity by 80%, adding 7,200 units annually. - The total estimated project cost for the greenfield Switchgear Business is approximately ₹748.20 Crores. - The investment made for the proposed capacity addition (S3 Unit-II) was ₹39.49 Crores, funded through internal accruals. - The facility aims to meet growing demand in domestic and export markets and strengthen its position in MV and EHV segments.

Business Update Positive

2026-06-04 17:38

- CG Power commissioned its new Extra High-Voltage Switchgear Manufacturing Facility (S3 Unit-II) in Nashik on June 4, 2026. - This expands EHV circuit breaker manufacturing capacity by 80%, adding 7,200 units annually. - The overall greenfield project, including this facility, has an estimated cost of ₹748.20 Crores.

Business Update Neutral

2026-06-04 15:37

- Concall Schedule - Concall Date: 17th June, 2026 - Organized by: IIFL - Institutional Equities

Business Update Neutral

2026-06-02 11:29

- Concall Schedule - Concall Date: Friday, 5th June, 2026 - Organized by: Citigroup Global Markets India Private Limited

500093

CG Power and Industrial Solutions Ltd

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