CG Power and Industrial Solutions Limited has informed the Exchange regarding Resignation of Mr Chidambaram Balakrishnan as Other of the company w.e.f. January 01, 2026.
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CG Power and Industrial Solutions has informed the exchanges about a change in its Senior Management team. Mr. Chidambaram Balakrishnan, Vice President - Railways, resigned from his position effective close of business on January 1, 2026, citing personal reasons and better opportunities. His resignation letter is dated October 3, 2025. In his place, Mr. Dhananjay Bapat has been appointed as Vice President - Railway Business effective January 2, 2026. Mr. Dhananjay brings 27 years of experience in manufacturing, sales, marketing, product, service, and P&L management across multiple industry sectors, and holds a B.E. in Mechanical Engineering along with marketing qualifications. The appointment is a like-for-like replacement within the railway business vertical.
This is a routine senior management transition with a quick replacement already in place, suggesting business continuity for the railway segment. No material impact expected on the stock or operations; shareholders should note it as normal people movement at the Vice President level.