CG Power: Coromandel Engineering Seeks Reclassification from Promoter to Public Category

CG Power & Industrial Solutions has received a request from Coromandel Engineering Company Limited (CECL) for reclassification from 'promoter and promoter group' to 'public' category. This follows CECL's complete divestment of its CG Power shareholding through a Share Purchase Agreement on 29th September 2023, resulting in a change of control on 29th December 2023. CECL now holds zero shares in CG Power. The request will be considered by CG Power's Board and, if approved, an application will be submitted to stock exchanges for no-objection. CECL has provided necessary confirmations as per SEBI regulations. Separately, CG Power announced the closure of its trading window from 30th September 2025 until 48 hours after the publication of Q2 financial results.