Announced Thu, 19 Mar · 08:59 IST

CG Power and Industrial Solutions Limited has informed the Exchange regarding Resignation of Mr Sriram Rangarajan as Other of the company w.e.f. March 19, 2026.

Management Changes View source PDF

CGPOWER · price

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Price reaction · full curve 14 horizons · vs prior close
-3.7%1-day move
₹706.90
prior close
₹697.00
base price
After-mkt
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-1.5-0.7-0.4-0.9-3.7-6.1-5.4-2.0-5.6-3.9+6.1+12.5+15.9+36.2
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AI summary

CG Power and Industrial Solutions has informed the stock exchanges that Mr. Sriram Rangarajan, Executive Vice President and SBU Head of the Consumer Product Business, has resigned from the company effective from the close of business hours on March 19, 2026. The resignation is attributed to personal reasons and was communicated by the employee to the MD & CEO in December 2025, originally requesting a relieving date of February 20, 2026. Mr. Rangarajan was part of the company's Senior Management Personnel and ceases to hold that position with immediate effect. The disclosure has been made under Regulation 30 of SEBI's Listing Regulations, with the required details provided in Annexure A and the resignation letter in Annexure B.

Likely market impact

This is a routine senior management-level exit and does not impact the company's board or top leadership (MD & CEO Amar Kaul remains in place). The Consumer Product Business may see a brief transition period, but it is unlikely to materially affect the stock price or shareholder value.