CG Power and Industrial Solutions’ Board has approved an interim dividend of ₹1.30 per equity share (65% of face value). The record date is February 1, 2026. The board has also approved the re-appointment of Mr. Sriram Sivaram as a Non-Executive Independent Director for a second term of 5 years, subject to shareholder approval. Unaudited financial results for Q3 2026 were also approved.
Interim Dividend Declared
The Board of Directors has approved the payment of an interim dividend of ₹1.30 per equity share, which translates to 65% on the face value of ₹2 per share for the financial year 2025-26. The record date to determine shareholders’ eligibility for the dividend is Sunday, February 1, 2026. The dividend will be paid within 30 days of declaration.
Re-Appointment of Independent Director
Mr. Sriram Sivaram (DIN: 01070444) has been re-appointed as a Non-Executive Independent Director for a second term of 5 consecutive years, effective from June 11, 2026, until June 10, 2031. This re-appointment is subject to the approval of the company’s shareholders.
Q3 2026 Financial Results
The Board approved the unaudited financial results and segment-wise financial report, both on a standalone and consolidated basis, for the third quarter (Q3: Oct-Dec) and nine months ended December 31, 2025. Standalone revenue from operations was ₹2,909.44 crore and net profit after tax was ₹311.65 crore. Consolidated revenue from operations was ₹3,175.35 crore and net profit after tax was ₹283.91 crore.
Segment Performance (Standalone)
The standalone segment-wise revenue breakdown is as follows:
- Power Systems: ₹1,326.29 crore
- Industrial Systems: ₹1,584.77 crore
Re-classification of Promoter Group
The board also approved the re-classification of M/s. Algavista Greentech Private Limited from the ‘Promoter Group’ to the ‘Public’ category, subject to exchange approvals. This decision was made after analyzing a request letter and confirming that the outgoing promoters meet the necessary criteria for reclassification.
Source: BSE
