CG Power has received warning letters from the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE) on December 5, 2025. These letters pertain to a delay in disclosing information regarding the reclassification of promoters. The company reiterates its commitment to complying with all applicable regulations moving forward.
Warning Letters from Exchanges
CG Power has been notified by both the NSE and BSE regarding a delay in compliance related to the reclassification of promoters. The warning letters were officially received on December 5, 2025.
Reason for the Warning
The core issue relates to a delay in disclosing the submission of the reclassification application to the exchanges. The exchange observed that the disclosure was delayed by 3 days.
Company Response
CG Power acknowledges the receipt of the warning letters. The company states that it will ensure compliance with all applicable regulations in the future.
Source: BSE