CG Power and Industrial Solutions Production Started
CG Power commissioned its new EHV Switchgear manufacturing facility (S3 Unit-II) in Nashik today. The ₹39.49 Crore investment expands the company's switchgear manufacturing capacity by 80%.
CG Power and Industrial Solutions Employee Stock Options
CG Power and Industrial Solutions Limited allotted 1,000 equity shares under its ESOP scheme. This minor issuance marginally increases the company's total paid-up share capital.
CG Power and Industrial Solutions Employee Stock Options
CG Power allotted 1,000 equity shares following an employee stock option exercise at Rs. 400.45 per share. This marginally increases the company's paid-up equity capital.
CG Power and Industrial Solutions Employee Stock Options
CG Power allotted 20,500 equity shares worth ₹1.22 Crore following ESOP exercises. The allotment increases paid-up capital while maintaining share ranking parity for investors.
CG Power and Industrial Solutions Other Announcement
CG Power submitted its Annual Secretarial Compliance Report for FY2026. The report notes general compliance with SEBI regulations, maintaining high corporate governance standards.
CG Power and Industrial Solutions Annual General Meeting
CG Power and Industrial Solutions Limited has scheduled its 89th Annual General Meeting for Friday, July 24, 2026, at 3:00 p.m. IST. The meeting will be conducted via Video Conference and Other Audio Visual Means. This follows the Board of Directors meeting held on May 6, 2026, which fixed the AGM date.
CG Power and Industrial Solutions Fund Raise of ₹3,000 Cr
CG Power and Industrial Solutions Limited confirmed the full utilisation of ₹3,000 Crore raised through a QIP in July 2025. As of March 31, 2026, there are no deviations in the use of proceeds. Funds were deployed towards subsidiary investments, capital expenditure for power transformer plants, and general corporate purposes.
CG Power reported record standalone performance for FY26 with sales growing 21% YoY to ₹11,331 Crore. The company achieved its highest-ever quarterly revenue and PBT in Q4FY26. Order backlog surged 59% to ₹15,719 Crore, providing strong revenue visibility. The Board also approved an interim dividend of ₹1.30 per share.
CG Power and Industrial Solutions Financial Results
CG Power and Industrial Solutions Ltd reported consolidated annual revenue of ₹12,417.95 Crore and profit after tax of ₹1,198.68 Crore for FY2026. The Board approved an unmodified audit report. Performance was driven by strong growth in the Power Systems and Industrial Systems segments.
CG Power and Industrial Solutions Board Meeting Outcome
CG Power and Industrial Solutions Limited has scheduled a board meeting for May 6, 2026. The board will consider and approve audited standalone and consolidated financial results for the year ended March 31, 2026. The company's trading window is closed from March 31 until May 8, 2026.
CG Power and Industrial Solutions Board Meeting Outcome
CG Power and Industrial Solutions Limited has scheduled a board meeting on May 6, 2026, to consider and approve audited standalone and consolidated financial results for the year ended March 31, 2026. The trading window remains closed until May 8, 2026.
CG Power and Industrial Solutions Legal & Regulatory
CG Power and Industrial Solutions Limited received a fresh income tax assessment order for AY 2022-23 with a total demand of ₹236.74 Crore. This includes an additional disallowance of ₹21.43 Crore regarding unabsorbed depreciation. The company is evaluating legal options and intends to file an appeal against the order.
CG Power and Industrial Solutions Employee Stock Options
CG Power and Industrial Solutions Limited allotted 15,500 equity shares under its ESOP/ESPS scheme on April 17, 2026. This increases the company's paid-up share capital from 1,57,49,21,249 to 1,57,49,36,749 equity shares.
CG Power and Industrial Solutions Employee Stock Options
CG Power and Industrial Solutions Limited allotted 15,500 equity shares under its ESOP 2021 plan at an exercise price of Rs. 595.45 per share. This allotment increases the company's paid-up equity share capital to Rs. 3,14,98,73,498. The new shares rank pari-passu with existing equity shares.
CG Power and Industrial Solutions Management Change
CG Power and Industrial Solutions announced management changes effective April 14, 2026. Mr. Shirish Shah is appointed as a senior professional, while Mr. Deven Jani transitions to Vice President I two v and ESG Head. These changes strengthen the company's procurement, sourcing, and ESG leadership.
CG Power and Industrial Solutions Management Change
CG Power and Industrial Solutions Limited appointed Mr. Shirish Shah as Vice President - Strategic Sourcing and Senior Management Personnel effective April 14, 2026. Concurrently, Mr. Deven Jani transitioned to a focused role as Head of i2v & ESG, ceasing to be part of the Senior Management Personnel.