CG Power’s board approved an interim dividend of ₹1.30 per share (65% of face value) for FY 2025-26, with a record date of February 1, 2026. Sriram Sivaram was re-appointed as a Non-Executive Independent Director for a second term of 5 years starting June 11, 2026, subject to shareholder approval. Algavista Greentech Private Limited’s reclassification from ‘Promoter Group’ to ‘Public’ category was also approved.
Interim Dividend Declared
The Board of Directors has approved the payment of an interim dividend of ₹1.30 per equity share, representing 65% on the face value of ₹2 per share, for the financial year 2025-26. The record date for determining eligible members is Sunday, February 1, 2026. Payment will be made within 30 days of the declaration.
Director Re-appointment
Sriram Sivaram has been re-appointed as a Non-Executive Independent Director for a second term of 5 consecutive years, from June 11, 2026, to June 10, 2031, subject to member approval. Mr. Sriram fulfills the criteria of Independence as per the Companies Act, 2013 and SEBI Listing Regulations.
Promoter Group Reclassification
The board approved the reclassification of Algavista Greentech Private Limited from the ‘Promoter Group’ category to the ‘Public’ category. This decision is subject to the issuance of a no-objection letter by the stock exchanges. The company confirmed it meets minimum public shareholding requirements.
Financial Performance Highlights
The Board approved the unaudited financial results for Q3 (October-December) 2025. Key figures include:
- Total Income: ₹2,981.68 crores
- Profit Before Exceptional Items and Tax: ₹454.14 crores
- Profit After Tax: ₹311.65 crores
Source: BSE
