CG Power and Industrial Solutions Limited (CGPOWER) — deviation variation Announcement
CG Power and Industrial Solutions Limited confirmed no deviation or variation in the utilization of funds raised through its Qualified Institutional Placement (QIP) for the quarter ended March 31, 2026, as reviewed by the Audit Committee on May 6, 2026. The filing, submitted to NSE and BSE, includes Annexure A detailing fund allocation and usage across investment, acquisitions, and general corporate purposes, with net proceeds of ₹2,973.97 crores after adjusting issue-related expenses of ₹26.03 crores.
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About CG Power and Industrial Solutions Limited (CGPOWER)
Capital Goods · Electrical Equipment · Listed on NSE
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