CG Power Secures Shareholder Nod for Special Business via Postal Ballot

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

CG Power and Industrial Solutions Limited has announced the results of a recent postal ballot conducted via e-voting to seek shareholder approval for a special business resolution. Based on the scrutinizer’s report from P Mehta & Associates dated March 6, 2026, the company confirmed that the proposed resolution was passed with the requisite majority, and the detailed voting results and report have been made available on its website, underscoring compliance with SEBI’s listing regulations and transparent shareholder communication.

The postal ballot process covered 564,049 shareholders as of the February 1, 2026 cut-off date, reflecting broad potential participation across the company’s investor base. By successfully securing shareholder approval through this remote voting mechanism, CG Power reinforces its governance practices and regulatory alignment, which may support stakeholder confidence and facilitate the execution of the special business approved by investors.

More about CG Power & Industrial Solutions Ltd

CG Power and Industrial Solutions Limited is an Indian industrial company listed on BSE and NSE, operating in the power and industrial solutions sector. The company focuses on electrical equipment and systems for power and industrial applications, serving a broad base of shareholders and stakeholders in the Indian capital markets.

Average Trading Volume: 223,593

Technical Sentiment Signal: Buy

Current Market Cap: 1104.3B INR

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