CG Power and Industrial Solutions Limited — Board Meeting, 24-07-2025: Outcome of Board Meeting

CG Power's board met to review Q1 FY26 financials. Consolidated revenue from operations hit ₹2878.05 Cr, with net profit attributable to owners at ₹269.23 Cr. The company recently raised ₹3000 Cr via QIP on July 4, issuing 45.45 million shares at ₹660 each. This capital infusion follows their acquisition of Renesas' RF Components business for ₹285.48 Cr. The company has also identified Semiconductors as a new distinct operating segment, signaling a strategic focus.