CG Power declares ₹1.30 interim dividend; reappoints Director Sriram Sivaram
CG Power's Board approved Q3 FY26 results and declared an interim dividend of ₹1.30 per share, with a record date of February 1, 2026. Mr. Sriram Sivaram was re-appointed as Non-Executive Independent Director for five years. Algavista Greentech Private Limited will be re-classified to the public category.
The interim dividend and re-appointment of a director are significant corporate actions that can positively influence investor sentiment and governance.
The declaration of an interim dividend and the re-appointment of an independent director are positive developments for the company.
CG Power and Industrial Solutions Limited announced the outcome of its Board Meeting held on January 27, 2026. The Board approved the unaudited financial results for the third quarter and nine months ended December 31, 2025, on both standalone and consolidated bases. The company declared an interim dividend of ₹1.30 per equity share (65%) for the Financial Year 2025-26, with a record date set for Sunday, February 1, 2026. The dividend will be paid within 30 days of declaration.
Furthermore, the Board approved the re-appointment of Mr. Sriram Sivaram as a Non-Executive Independent Director for a second term of five years, from June 11, 2026, to June 10, 2031, subject to shareholder approval. Mr. Sivaram holds significant qualifications and extensive experience in the energy sector.
The Board also approved the re-classification of M/s. Algavista Greentech Private Limited from the Promoter/Promoter Group category to the Public category, subject to no-objection from the stock exchanges. This re-classification follows a request made on December 18, 2025.
The financial results for the quarter ended December 31, 2025, showed a profit after tax of ₹311.65 crore on a standalone basis and ₹283.91 crore on a consolidated basis. An exceptional item of ₹35.57 crore was recognized due to the impact of new Labour Codes on gratuity and leave liability.
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CG Power and Industrial Solutions Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by CG Power and Industrial Solutions Limited. Read the original for the full detail.