CG Power and Industrial Solutions Limited — Important, 08-05-2025: Updates

CG Power has announced a board meeting. Its planned acquisition of a 90% stake in BTW-Atlanta Transformers India Pvt Ltd is stalled as the minority shareholder exercised the right of first refusal, blocking the deal with the majority owner. This setback disrupts CG Power’s expansion strategy through BTW India and could affect its growth trajectory linked to this acquisition.