CG Power and Industrial Solutions Limited received confirmation from Tube Investments of India Limited that no promoter or promoter group entity created any encumbrance on CG Power shares during the financial year 2025-26 beyond those already disclosed. The confirmation covers all promoters and persons belonging to the promoter group of CG Power.
The disclosure was filed under Regulation 31(4) and 31(5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Tube Investments of India Limited, a promoter group entity belonging to the Murugappa Group, submitted the confirmation to the National Stock Exchange of India Limited and BSE Limited. This confirmation is an annual compliance requirement under the SEBI takeover code for all listed entities.
The filing confirmed that no direct or indirect encumbrances were made by CG Power promoters during FY2025-26 beyond those previously reported to the company. An encumbrance refers to any pledge, lien, or other charge created by promoters on their shareholdings against borrowings or other financial liabilities. The disclosure creates a record of promoter share pledges during the financial year.
The disclosure was also submitted to the audit committee of CG Power under Regulation 31(5)(b) of the SEBI regulations. The confirmation was signed by M A M Arunachalam, Executive Chairman of Tube Investments of India Limited. The filing was dated April 6, 2026 from Chennai.
CG Power and Industrial Solutions Limited is part of the Murugappa Group and manufactures transformers, electric motors, switchgears, and railway electrification equipment. CG Power shares trade on the NSE and BSE under the symbol CGPOWER.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.