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CG Power and Industrial Solution has informed that in connection with delay in making quarterly disclosures to the Stock Exchanges, regarding default in repayment of loans/interest on loans to the lenders in the prescribed format, as required under SEBI Circular No. SEBI/HO/CFD/CMD1/CIR/P/2019/140 dated 21st November 2019, relevant to the quarters ended 31st December 2019 and 31st March 2020, SEBI has levied a penalty of Rs 5 lakhs on the Company. It may be noted that the delay in disclosure happened when the Company was under the erstwhile management. Copy of the Adjudication Order No. Order/GR/PU/2022-23/22341 dated 23rd December, 2022 is enclosed.

The above information is a part of company’s filings submitted to BSE.

CG Power & Ind.Sol. Share Price

888.50 -8.50 (-0.95%)
28-Aug-2026 16:59 View Price Chart
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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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