CG Power Declares ₹1.30 Interim Dividend, Reappoints Independent Director
CG Power's Board approved Q3 FY26 results, declaring an interim dividend of ₹1.30 per share with a record date of Feb 1, 2026. Mr. Sriram Sivaram was re-appointed as Non-Executive Independent Director for a 5-year term. Algavista Greentech Private Limited's re-classification from promoter to public category was also approved.
The declaration of an interim dividend and re-appointment of a key director are positive developments for shareholders and reflect corporate stability.
The company declared an interim dividend and re-appointed an independent director, indicating financial health and stable governance.
CG Power and Industrial Solutions Limited announced its financial results for the third quarter and nine months ended December 31, 2025. The company's Board of Directors, in a meeting held on January 27, 2026, approved the unaudited financial results on both standalone and consolidated bases.
Key decisions from the board meeting include the declaration of an interim dividend of ₹1.30 per equity share (65% on a face value of ₹2 per share) for the Financial Year 2025-26. The record date for this dividend is February 1, 2026.
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.
The Board also approved the re-classification of M/s. Algavista Greentech Private Limited from the 'Promoter/Promoter Group' category to the 'Public Category'. This re-classification is subject to the stock exchanges issuing a no-objection letter.
The financial results show a profit after tax of ₹311.65 crore for the third quarter ended December 31, 2025, on a standalone basis, compared to ₹244.27 crore in the same period last year. On a consolidated basis, the profit after tax for the quarter was ₹283.91 crore.
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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.