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CG Power Secures Approval for Promoter Group Reclassification

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CG Power Secures Approval for Promoter Group Reclassification

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CG Power & Industrial Solutions Ltd ( (IN:CGPOWER) ) has shared an announcement.

CG Power & Industrial Solutions Ltd has announced that the National Stock Exchange of India Limited and BSE Limited have granted no objection for the reclassification of Yanmar Coromandel Agrisolutions Pvt. Ltd. and Coromandel Engineering Company Limited from the Promoter Group category. This move is part of the company’s strategic efforts to streamline its organizational structure, potentially impacting its market positioning and stakeholder relationships.

More about CG Power & Industrial Solutions Ltd

CG Power & Industrial Solutions Ltd operates in the industrial solutions sector, providing a range of products and services that cater to the power and industrial markets. The company focuses on delivering innovative solutions to enhance operational efficiency and sustainability.

Average Trading Volume: 180,326

Technical Sentiment Signal: Buy

Current Market Cap: 1041.3B INR

Find detailed analytics on CGPOWER stock on TipRanks’ Stock Analysis page.

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