CG Power trades in green on the BSE
CG Power and Industrial Solutions is currently trading at Rs. 714.05, up by 12.85 points or 1.83% from its previous closing of Rs. 701.20 on the BSE.
The scrip opened at Rs. 700.95 and has touched a high and low of Rs. 722.50 and Rs. 695.70 respectively. So far 389044 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 797.75 on 17-Sep-2025 and a 52 week low of Rs. 518.35 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 722.50 and Rs. 655.65 respectively. The current market cap of the company is Rs. 112874.13 crore.
The promoters holding in the company stood at 56.36%, while Institutions and Non-Institutions held 29.57% and 14.05% respectively.
CG Power and Industrial Solutions’ wholly owned foreign subsidiary -- CG International Holdings Singapore (CGS) has entered into a Conditional Shares Purchase Agreement with PT Prima Layanan Nasional Enjiniring (PLNE) on March 5, 2026, wherein PLNE has agreed to purchase the shares representing 51% of the paid-up share capital held by CGS of PT Crompton Prima Switchgear Indonesia (CPSI) for a consideration of IDR1 (One Indonesian Rupiah). CPSI was established as a venture between CGS and PLNE, Indonesia, holding 51% and 49% respectively of CPSI.
The said transaction is subject to the fulfilment of the terms and conditions by CGS, PLNE and CPSI as per the said agreement. As per the said agreement, upon closing, CPSI will cease to be a subsidiary of CGS and a step-down subsidiary of the company. There will be no adverse financial impact in the financial statements on account of the said transaction. The expected date of completion of the sale/ disposal is March 31, 2026
