CGPOWER

CG Power and Industrial Solutions Limited

NSE BSE
Last Traded Price
₹800 17.3 (2.21%)
Open
₹787
High
₹802
Low
₹782.6
Prev Close
₹782.7
Industry
Heavy Electrical Equipment
Market Cap
126037.92 Cr

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Filing History

Recent corporate announcements and filings for CGPOWER

Business Update Neutral
2026-11-07 13:50
- The Hon'ble High Court (Aurangabad Bench) stayed the MPCB closure direction for the Waluj unit via an order dated 6th November 2026. - Notice is returnable on 19th November 2026. - The affected manufacturing unit contributes approximately 2.5% of the company's annual consolidated revenue.
Business Update Neutral
2026-11-07 13:46
- CG Power announced that the Hon'ble High Court (Aurangabad Bench) has stayed the MPCB closure direction dated 3rd November 2026 for its manufacturing unit at Waluj, Chhatrapati Sambhajinagar. - The affected unit contributes approximately 2.5% of the company's annual consolidated revenue. - The next court hearing is scheduled for 19th November 2026.
Routine Negative
2026-11-05 12:38
CRITICAL RED FLAG DETECTED
- CG Power and Industrial Solutions Limited received a closure direction from the Maharashtra Pollution Control Board (MPCB) for its manufacturing unit at Waluj, Chhatrapati Sambhajinagar. - The direction pertains to alleged violations of the Water (Prevention and Control of Pollution) Act, 1974 and the Air (Prevention and Control of Pollution) Act, 1981. - The company stated it is reviewing the direction and will take appropriate action, while noting the financial impact is not currently ascertainable.
Routine Negative
2026-11-05 12:36
CRITICAL RED FLAG DETECTED
- CG Power and Industrial Solutions Limited received a closure direction from the Maharashtra Pollution Control Board (MPCB) on November 4, 2026. - The order directs the closure of manufacturing operations at the unit located in Waluj, Chhatrapati Sambhajinagar, due to alleged violations of environmental acts. - The company is reviewing the direction and assessing the financial impact, which is not yet ascertainable.
Routine Neutral
2026-11-03 17:34
- CG Power and Industrial Solutions Limited has allotted 17,000 equity shares of face value ₹2 each under the Employee Stock Option Plan 2021 (ESOP 2021). - The shares were allotted at an exercise price of ₹610.10 per share. - Consequently, the paid-up equity share capital increased from ₹315,09,48,018 to ₹315,09,82,018.
Routine Neutral
2026-11-03 17:13
- Allotment of 17,000 equity shares of face value ₹2 each under Employee Stock Option Plan 2021 (ESOP 2021). - Exercise price is ₹610.10 per share. - Paid-up equity share capital increased from ₹315,09,48,018 to ₹315,09,82,018.
Business Update Neutral
2026-10-29 20:03
- CG Power and Industrial Solutions Limited has intimated the stock exchanges regarding the uploading of the transcript of the analyst/investor conference call held on 23rd October 2026. - The transcript is made available on the company website under the investor relations section.
Business Update Neutral
2026-10-29 19:40
- CG Power and Industrial Solutions Limited has submitted the transcript of the analyst/investor conference call held on 23rd October 2026. - The transcript is made available on the company's website.
Business Update Positive
2026-10-29 12:26
Axiro Semiconductor, a wholly owned subsidiary of CG Power, has made a strategic investment in Silicon Valley-based ThinSiC Inc. as the lead investor in its latest financing round. - The partnership includes a long-term commercial agreement to develop and commercialize next-generation, low-cost silicon carbide (SiC) power devices. - This move expands Axiro's semiconductor portfolio into power electronics for applications such as rail traction, industrial drives, and grid infrastructure.
Business Update Positive
2026-10-29 12:10
- Axiro Semiconductor Pvt. Ltd., a wholly owned subsidiary of CG Power, has made a strategic investment as the Lead Investor in ThinSiC Inc., a Silicon Valley-based semiconductor company. - The partnership aims to support the development and commercialization of ThinSiC's next-generation low-cost silicon carbide (SiC) power devices. - The move extends CG Power's semiconductor portfolio into power electronics, leveraging its presence in India's power transmission and industrial infrastructure.
Business Update Positive
2026-10-26 18:51
Order Win Update: CG Power subsidiary GG Tronics India Private Limited received final RDSO approval for Kavach 4.0 covering both Automatic and Absolute block sections. Context: This enables the execution of the ~₹433 crore KAVACH order received from Chittaranjan Locomotive Works previously announced on 30th January 2026.
Business Update Positive
2026-10-26 18:44
Order Win: CG Power and Industrial Solutions Ltd subsidiary GG Tronics India Private Limited received final RDSO approval for Kavach 4.0. Order Value: ~₹433 Cr from Chittaranjan Locomotive Works. Completion Timeline: Execution to proceed following the receipt of RDSO approval covering both Automatic and Absolute block sections.
Routine Neutral
2026-10-23 19:39
- CG Power and Industrial Solutions Limited has informed about the audio recording of the conference call held with analysts and investors on 23rd October, 2026. - The audio recording has been made available on the company website.
Business Update Neutral
2026-10-23 19:15
- CG Power and Industrial Solutions Limited has uploaded the audio recording of the conference call held with analysts and investors on 23rd October, 2026. - The recording is accessible on the company's website.
Financials Positive
2026-10-23 14:56
Q2 FY27 Consolidated Revenue ₹3,802Cr vs ₹2,923Cr (▲30% YoY) EBITDA ₹621Cr vs ₹443Cr (▲40% YoY) PAT ₹409Cr vs ₹284Cr (▲44% YoY) EBITDA Margin 16.3% vs 15.2% (▲110bps)
Financials Positive
2026-10-23 14:55
Q2 FY27 Consolidated Revenue ₹3,802Cr vs ₹2,923Cr (▲30% YoY) EBITDA ₹621Cr vs ₹443Cr (▲40% YoY) PAT ₹409Cr vs ₹284Cr (▲44% YoY) EBITDA Margin 16.3% vs 15.2% (▲110bps)
Financials Positive
2026-10-23 14:37
Q2 FY27 Standalone Revenue ₹3,505Cr vs ₹2,649Cr (▲32% YoY) EBITDA ₹561Cr vs ₹370Cr (▲51% YoY) PAT ₹450Cr vs ₹307Cr (▲46% YoY) EBITDA Margin 16% vs 14% (▲200bps)
Financials Positive
2026-10-23 14:34
Q2 FY27 Standalone Revenue ₹3,505Cr vs ₹2,649Cr (▲32% YoY) EBITDA ₹561Cr vs ₹370Cr (▲51% YoY) PAT ₹450Cr vs ₹307Cr (▲46% YoY) EBITDA Margin 16.0% vs 14.0% (▲202bps) - Board approved ₹68 Cr capex to expand Power Transformer capacity by 10,000 MVA. - Approved switchgear capacity expansions across S1 Unit (₹300 Cr), S3 Unit-II (₹15.31 Cr), and GIS Nashik (₹9.45 Cr).
Financials Positive
2026-10-23 14:33
Standalone Financial Results for Quarter Ended September 30, 2026: Note that only Standalone results were provided in the filing, hence standalone numbers are reported. - Revenue from Operations ₹3,504.63Cr vs ₹2,649.19Cr (▲32.3% YoY) - EBITDA ₹559.35Cr vs ₹370.07Cr (▲51.1% YoY) - PAT ₹449.90Cr vs ₹307.18Cr (▲46.5% YoY) - EBITDA Margin 15.96% vs 13.97% (▲199bps YoY)
Financials Neutral
2026-10-23 14:31
Q2 FY27 Consolidated Revenue ₹3,801.54Cr vs ₹2,922.79Cr (▲30.1% YoY) EBITDA ₹539.58Cr vs ₹376.71Cr (▲43.2% YoY) PAT ₹409.09Cr vs ₹284.44Cr (▲43.8% YoY) EBITDA Margin 14.2% vs 12.9% (▲130bps)
Business Update Positive
2026-10-23 14:31
- Approved Power Transformer capacity expansion by 10,000 MVA with ₹68 Cr capex, completion in 12-15 months. - Approved ₹300 Cr capex for S1 OIP bushings unit (30-36 months) and ₹15.31 Cr for S3 EHV breaker unit (6-9 months) to meet growing demand.
Financials Positive
2026-10-23 14:30
Q2 FY27 Standalone Revenue ₹3,505 Cr vs ₹2,649 Cr (▲32% YoY) EBITDA ₹561 Cr vs ₹370 Cr (▲51% YoY) PAT ₹450 Cr vs ₹307 Cr (▲46% YoY) EBITDA Margin 16.0% vs 14.0% (▲202bps) Board approved capacity expansion for Power Transformers by 10,000 MVA at an investment of ₹68 Cr Approved brownfield/capex expansion for Switchgear facilities with investments over ₹325 Cr
Financials Positive
2026-10-23 14:27
Q2 FY27 Consolidated Revenue ₹3,801.54Cr vs ₹2,922.79Cr (▲30.1% YoY) EBITDA ₹539.58Cr vs ₹376.71Cr (▲43.2% YoY) PAT ₹409.09Cr vs ₹284.44Cr (▲43.8% YoY) EBITDA Margin 14.2% vs 12.9% (▲130bps)
Financials Neutral
2026-10-23 14:23
Q2 FY27 Consolidated Revenue ₹3,802Cr vs ₹2,923Cr (▲30% YoY) EBITDA ₹540Cr vs ₹377Cr (▲43% YoY) PAT ₹409Cr vs ₹284Cr (▲44% YoY) EBITDA Margin 14.2% vs 12.9% (▲130bps)
Business Update Neutral
2026-10-16 22:59
Concall Schedule Concall Date: Friday, 23rd October 2026 Concall Time: 3:30pm (IST)
Business Update Neutral
2026-10-16 21:28
Concall Schedule Concall Date: Friday, 23rd October 2026 Concall Time: 3:30pm (IST)
Routine Neutral
2026-10-15 16:33
- CG Power and Industrial Solutions Limited has allotted 5,700 equity shares of face value Rs. 2/- each on 15th October 2026 under the Employee Stock Option Plan 2021 (ESOP 2021). - The exercise price for these shares is Rs. 635.10 per share. - Consequently, the paid-up equity share capital of the company increased from Rs. 315,09,36,618 to Rs. 315,09,48,018.
Routine Neutral
2026-10-15 16:27
- CG Power and Industrial Solutions Limited has allotted 5,700 equity shares of face value ₹2 each under the Employee Stock Option Plan 2021 (ESOP 2021). - The shares were allotted at an exercise price of ₹635.10 per share on 15th October 2026. - Consequently, the paid-up equity share capital increased to ₹315,09,48,018 comprising 157,54,74,009 equity shares.
Governance Neutral
2026-10-14 14:54
- Board Meeting scheduled on Friday, 23rd October 2026. - To consider and approve Unaudited Financial Results (Standalone and Consolidated) for the half year and quarter ended 30th September, 2026. - Trading window remains closed until 48 hours after the declaration of results.
Governance Negative
2026-09-30 21:48
CRITICAL RED FLAG DETECTED
- Mr. Ajay Jain, Vice President - Transformer Business, has resigned from the company effective 30th September 2026. - The resignation is due to personal and family obligations. - He ceased to be part of the Senior Management Personnel of the company.
Governance Negative
2026-09-30 21:37
CRITICAL RED FLAG DETECTED
- Mr. Ajay Jain, Vice President - Transformer Business, has resigned from the company effective September 30, 2026. - The resignation is due to personal and family obligations. - He ceases to be a part of the Senior Management Personnel of the company.
Governance Negative
2026-09-30 21:35
CRITICAL RED FLAG DETECTED
- Mr. Ajay Jain has resigned from the position of Vice President - Transformer Business, effective from the close of business hours on 30th September 2026. - The resignation is due to personal and family obligations. - He ceases to be part of the Senior Management Personnel of the company.
Routine Neutral
2026-09-28 17:52
- Trading window for dealing in company securities will close from September 30, 2026. - Closure will remain effective until 48 hours after declaration of financial results for the quarter and half-year ended September 30, 2026.
Routine Neutral
2026-09-28 17:51
- Trading window for dealing in securities closed for Designated Persons from September 30, 2026. - Window will remain closed until 48 hours after declaration of financial results for the quarter and half year ended September 30, 2026.
Governance Neutral
2026-09-25 22:25
- CG Power and Industrial Solutions Ltd announced the voting results of its Postal Ballot held on 25th September 2026. - Shareholders approved the appointment of M/s. Price Waterhouse Chartered Accountants LLP as Statutory Auditors to fill the casual vacancy caused by the resignation of M/s. SRBC & CO LLP. - The ordinary resolution was passed with a requisite majority of 99.19% votes in favour.
Governance Neutral
2026-09-25 22:20
- CG Power and Industrial Solutions Limited has announced the voting results of the Postal Ballot held on 25th September 2026. - The ordinary resolution for the appointment of M/s. Price Waterhouse Chartered Accountants LLP as Statutory Auditors to fill a casual vacancy has been passed with the requisite majority. - The casual vacancy was caused by the resignation of M/s. SRBC & CO LLP, Chartered Accountants.
Governance Neutral
2026-09-25 22:12
- CG Power and Industrial Solutions Ltd announced the voting results of the postal ballot dated 19th August, 2026. - The ordinary resolution for the appointment of M/s. Price Waterhouse Chartered Accountants LLP as Statutory Auditors (to fill the casual vacancy caused by the resignation of M/s. SRBC & CO LLP) was passed with the requisite majority on 25th September, 2026. - Total votes cast in favour of the resolution were 1,300,268,234 (99.19%).
Ownership Positive
2026-09-20 10:15
- Allotment of 18,250 equity shares under ESOP 2021 on September 19, 2026, at an exercise price of Rs. 635.10 per share. - This increased the paid-up equity share capital from Rs. 3,150,900,118 to Rs. 3,150,936,618.
Ownership Positive
2026-09-20 10:09
- Allotment of 18,250 equity shares to eligible employees under ESOP 2021 on September 19, 2026. - Shares were allotted at an exercise price of Rs. 635.10 per share (face value Rs. 2/-). - The paid-up equity share capital increased from Rs. 315,09,00,118 to Rs. 315,09,36,618.
Business Update Neutral
2026-09-19 16:01
- Meeting Schedule with Analyst(s)/Institutional Investor(s) - Meeting Date: Thursday, 24th September 2026 - Organized by: Macquarie Capital
Business Update Neutral
2026-09-19 15:55
- Concall Schedule - Concall Date: Thursday, 24th September 2026 - Organised by: Macquarie Capital
Business Update Neutral
2026-09-16 11:44
- Concall Schedule - Concall Date: Friday, 25th September 2026 - Organized by: IIFL - Institutional Equities (for one-to-one meetings with Analyst(s)/Institutional Investor(s))
Business Update Neutral
2026-09-16 11:44
- Concall Schedule - Meeting Date: Friday, 25th September 2026 - Organised by: IIFL - Institutional Equities
Business Update Negative
2026-09-08 19:50
CRITICAL RED FLAG DETECTED
- CG Power received a rectified income tax demand of ₹215.59 Cr for AY 2022-23. - Company appealed the order and received a stay, requiring payment of 20% of the demand (₹30 Cr in installments). - The balance demand is stayed until appeal disposal.
Business Update Neutral
2026-09-08 19:44
- CG Power received a revised tax demand of ₹215.59 crores for Assessment Year 2022-23 from the Income Tax Department. - The company has filed an appeal before the CIT(A). - An updated stay order has been granted on the tax demand, subject to payment of ₹30 crores in five installments. - The balance demand is stayed until the appeal is disposed.
Business Update Positive
2026-09-04 15:29
- CG Power and Industrial Solutions Limited announced the rollout of the first transformer from its new greenfield manufacturing facility in Sehore, Madhya Pradesh, on September 4, 2026. - This facility, with an ultimate planned capacity of 45,000 MVA, is India's largest single-location power transformer manufacturing unit. A part of the facility is now operational with 10,000 MVA capacity. - The total transformer manufacturing capacity of the company will be 1,20,000 MVA. - Investment required for the new plant is ₹792 Crores, financed by QIP and internal accruals. - The facility aims to cater to increased demand from renewables, data centers, and exports, creating over 2000 direct and indirect employment.
Business Update Positive
2026-09-04 15:26
- CG Power rolled out the first transformer from its new greenfield manufacturing plant in Sehore, MP, on Sept 4, 2026. - The new plant adds 45,000 MVA, increasing total capacity to 1,20,000 MVA, with ₹792 Cr investment. - It will cater to demand from renewables, data centers, and exports.
Business Update Positive
2026-09-04 15:20
- CG Power and Industrial Solutions Limited rolled out the first transformer from its new greenfield manufacturing facility in Sehore, Madhya Pradesh, on September 4, 2026. - The facility is India's largest single-location power transformer manufacturing plant with an initial operational capacity of 10,000 MVA and a planned full capacity of 45,000 MVA. - The project involves an investment of ₹792 Crores and aims to cater to increased demand from renewables, data centers, and exports.
Business Update Positive
2026-09-04 15:20
- CG Power rolled out the first transformer from its new greenfield manufacturing plant in Sehore, Madhya Pradesh on September 4, 2026. This facility, built for ₹792 Crores, will add 45,000 MVA capacity and aims to meet demand from renewables, data centers, and exports.
Governance Positive
2026-09-01 11:42
- CG Power and Industrial Solutions Limited announced the appointment of Mr. Samit Khanna as Vice President - Consumer Products, effective September 1, 2026. He brings 18+ years of leadership experience across Consumer, Retail, and Digital Platforms.
Business Update Positive
2026-09-01 11:28
- CG Power and Industrial Solutions Limited appointed Mr. Samit Khanna as Vice President - Consumer Products. - The appointment is effective from September 1, 2026. - Mr. Khanna brings over 18 years of leadership experience across consumer, retail, and digital platforms.
Governance Negative
2026-08-26 18:51
CRITICAL RED FLAG DETECTED
- Postal Ballot to approve appointment of Price Waterhouse Chartered Accountants LLP (PWCALLP) as Statutory Auditors. - This fills the casual vacancy due to the resignation of M/s. SRBC & CO LLP. - The voting period is from August 27, 2026, to September 25, 2026. - PWCALLP's annual remuneration will be ₹1.58 Crores.
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.
Business Update Positive
2026-08-20 10:55
- CG Power's wholly-owned subsidiary, Axiro Semiconductor Private Limited, completed the acquisition of 100% shareholding in Tosil Systems Private Limited for ₹16.44 Crores. - Tosil Systems is now 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.
Governance Negative
2026-08-19 15:08
CRITICAL RED FLAG DETECTED
- Board approved appointment of Price Waterhouse Chartered Accountants LLP as Statutory Auditors from August 19, 2026, until the 90th AGM in 2027. - This fills a casual vacancy following the stepping down of M/s. S R B C & CO LLP, the previous auditors.
Business Update Negative
2026-08-18 21:35
- CG Power reported a suspected cyber-event on its IT systems. - The event has not impacted the company's core systems and operations. - The company is engaging cybersecurity experts for investigation and mitigation. - CERT-In has been notified.
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.
Business Update Positive
2026-08-17 14:52
- CG Power's wholly owned subsidiary, Axiro Semiconductor Private Limited, acquired 100% of Tosil Systems Private Limited for ₹16.44 Crores. - Tosil provides semiconductor and embedded engineering services, which will strengthen CG Power's design capabilities. - The acquisition is expected to be completed by August 31, 2026.
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.
Governance Neutral
2026-08-14 20:20
CRITICAL RED FLAG DETECTED
- M/s. S R B C & CO LLP has resigned as Statutory Auditors of CG Power and Industrial Solutions Limited, effective August 14, 2026. It is to align auditors with those of the Holding Company for better coordination and efficiency. The auditors confirmed no concerns or disagreements with the company.
Business Update Neutral
2026-08-12 10:34
- Meeting Schedule with Analyst/Institutional Investor - Meeting Date: Wednesday, 12th August 2026 - Organized by: Premji Invest
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
Business Update Neutral
2026-08-12 09:53
- Intimation of Schedule of one-to-one meetings with Analyst(s)/Institutional Investor(s) - Meeting Date: Tuesday, 18th August 2026 - Attendees: Fidelity International, First State Investment
Ownership Neutral
2026-08-06 21:08
- Allotment of 2,18,000 equity shares under Employee Stock Option Plan 2021 on August 6, 2026. - Shares allotted at exercise prices of ₹305.55 (2,00,000 shares) and ₹635.10 (18,000 shares). - Paid-up equity share capital increased from ₹315.04 Cr to ₹315.09 Cr.
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.
Business Update Neutral
2026-07-30 19:31
- Intimation regarding the upload of the transcript of the conference call held with analysts/investors on July 24, 2026. - The transcript is available on the company's website for information and records.
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.
Ownership Neutral
2026-07-30 12:29
- CG Power allotted 2,18,150 equity shares of ₹2 each under its Employee Stock Option Plan 2021 on July 30, 2026. - These shares were issued at exercise prices of ₹400.45, ₹610.10, and ₹635.10. - The paid-up equity share capital increased from ₹315,00,27,818 to ₹315,04,64,118.
Governance Positive
2026-07-25 19:19
- Intimation of Voting Results of the 89th Annual General Meeting held on July 24, 2026. - All resolutions proposed in the Notice, including the adoption of standalone and consolidated financial statements, confirmation of interim dividend, and re-appointment of Mr. Vellayan Subbiah, were approved by the members with requisite majority.
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.
Governance Positive
2026-07-24 19:16
- 89th Annual General Meeting (AGM) held on July 24, 2026. - Adopted Standalone and Consolidated Financial Statements for FY26. - Confirmed an interim dividend of ₹1.30 per equity share for FY25-26. - Re-appointed Mr. Vellayan Subbiah as Director. - Auditors' and Secretarial Auditor's reports for FY26 had no qualifications.
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.
Routine Neutral
2026-07-24 18:35
New Filing detected. See link for details.
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 17:01
CRITICAL RED FLAG DETECTED
- Consolidated Sales ₹3,281 Cr vs ₹2,878 Cr (▲14% YoY) - EBITDA ₹481 Cr vs ₹409 Cr (▲17% YoY) - PAT ₹308 Cr vs ₹267 Cr (▲16% YoY) - EBITDA Margin 14.7% vs 14.2% (▲50bps) - Order backlog up 45% YoY to ₹18,965 Cr. - Commissioned new EHV switchgear facility and commenced commercial production at Semiconductor Assembly and Test facility. - S.R. Batliboi & Associates LLP to resign as statutory auditors effective August 14, 2026, for alignment with holding company's auditor rotation policy.
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.
Financials Positive
2026-07-24 15:11
CRITICAL RED FLAG DETECTED
- Consolidated Revenue ₹3,281 Cr vs ₹2,878 Cr (▲14% YoY) - EBITDA ₹481 Cr vs ₹409 Cr (▲17% YoY) - PAT ₹308 Cr vs ₹267 Cr (▲16% YoY) - EBITDA Margin 14.7% vs 14.2% (▲50bps) - Order backlog rose 45% YoY to INR 18,965 Cr. - Commissioned new EHV switchgear manufacturing facility and commenced commercial production at the semiconductor assembly and test facility. - S.R. Batliboi & Associates LLP will resign as statutory auditors effective August 14, 2026, to align with the auditors of 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.
Governance Negative
2026-07-24 14:52
CRITICAL RED FLAG DETECTED
- Statutory Auditor, SRBC & CO LLP, intends to resign effective August 14, 2026. - Reason for resignation: To align with the Holding Company's auditors, whose current auditors are rotating out. - SRBC & CO LLP has completed the Q1 FY27 limited review.
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.
Routine Neutral
2026-07-24 14:28
New Filing detected. See link for details.
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.
Ownership Neutral
2026-07-17 13:03
- CG Power and Industrial Solutions Limited allotted 34,660 equity shares under ESOP 2021 on July 17, 2026. - Shares were allotted at an exercise price of Rs. 400.45 each, increasing the paid-up equity share capital.
Business Update Neutral
2026-07-17 13:00
- Concall Schedule - Concall Date: Friday, 24th July 2026 - Concall Time: 4:15pm IST
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.
Routine Neutral
2026-07-15 22:58
- Corrigendum to Annual Report FY 2025-26 corrects a typo. - Error in Board's Report: "Average increase in salary of employees" changed from 32.16% to 9%. - This correction has no impact on the financial statements. - The updated Annual Report is uploaded on the company website.
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 20:28
- CG Semi Private Limited (a joint venture of CG Power) has commenced commercial production at its G1 Outsourced Semiconductor Assembly and Test (OSAT) facility in Sanand, Gujarat, on July 4, 2026. - The G1 facility has a peak capacity of up to 300 million units per year. - This marks a key milestone in India's semiconductor manufacturing journey, with G2 facility under development. - The joint venture is investing over ₹7,600 crore over five years for two OSAT facilities.
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 Positive
2026-06-30 16:28
- The 89th Annual General Meeting (AGM) of CG Power and Industrial Solutions Limited is scheduled for Friday, July 24, 2026, at 03:00 p.m. (IST) via Video Conferencing/Other Audio Visual Means. - The agenda includes the adoption of standalone and consolidated financial statements for FY 2025-26. - Confirmation of an interim dividend of ₹1.30 per equity share for the financial year 2025-26 will also be considered. - The re-appointment of Mr. Vellayan Subbiah as a Director and the ratification of the Cost Auditor's remuneration for FY 2026-27 are also on the agenda.
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.

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