CG Power and Industrial Solutions Limited (CGPOWER) — Announcement | 17 August 2026

· NSE Neutral
By StockFin Research Team AI-Assisted Analysis Source: BSE/NSE Filings
📢 Key Event
CG Power subsidiary signs agreement to acquire Tosil Systems for ₹16.44 crores
🔄 What Changed
Acquisition of Tosil Systems for ₹16.44 crores
🔮 What's Next
31 August 2026
💡 Investor Takeaway
The acquisition adds semiconductor design capabilities to CG Power's portfolio through a cash deal.

CG Power announced that its subsidiary Axiro Semiconductor has signed a definitive agreement to acquire 100% of Tosil Systems Private Limited for a cash consideration of ₹16.44 crores. The target specializes in semiconductor and embedded engineering services, with turnover of ₹11.94 crores in FY26. The deal is subject to customary closing conditions and expected completion by 31 August 2026.

📄 View Original Announcement (PDF)

About CG Power and Industrial Solutions Limited (CGPOWER)

Capital Goods · Capital Goods - Electrical Equipment · Listed on NSE

Market Cap: ₹1,41,275.64 Cr P/E: 113.0 ROE: 15.6% ROCE: 21.3% Div Yield: 0.14%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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