CG Power and Industrial Solutions Limited has informed the Exchange about Rumour Verification - Regulation 30(11)
CGPOWER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.4 pts more than Nifty 100 and 0.9 pts more than its Heavy Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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CG Power has submitted a minor correction to a rumour verification disclosure made earlier on 6th June 2025. The earlier filing addressed a news article in The Economic Times titled 'CG Power's chip plans rocked by turmoil at wafer company Wolfspeed'. This current filing simply corrects a typographical error — the word 'in accuracies' should be read as 'inaccuracies'. There is no change to the substance of the original clarification regarding CG Power's semiconductor/wafer-related plans and the Wolfspeed situation.
This is purely a typographical correction with no impact on shareholders or the stock price. The substantive clarification on the Wolfspeed-related news was already provided in the earlier disclosure on the same day.