CG Power and Industrial Solutions’ wholly-owned subsidiary -- CG International BV has completed divestment of the entire shareholding in its subsidiary, CG Services Systems France SAS, (SEFR), with this SEFR has ceased to be a step-down subsidiary of the Company.
The company had executed Share Purchase Agreement (SPA) with AK Group France, for divestment of the entire shareholding in CG Services Systems France SAS.
CG Power and Industrial Solutions (formerly Crompton Greaves) is a global pioneering leader in the management and application of electrical energy. CG provides end-to-end solutions that meet all electrical needs of its customers. CG’s offerings include electrical products, systems and services for utilities, power generation and industries.
| Company Name | CMP |
|---|---|
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| Siemens | 3706.55 |
| Apar Inds | 11474.15 |
| ABB India | 7029.95 |
| Waaree Energies | 3471.45 |
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