StockWatch
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Heavy Electrical Equipment
Management Change30 Sept 2026, 09:30 pm

CG Power VP Ajay Jain Resigns Effective Sept 2026

AI Summary

CG Power and Industrial Solutions Ltd has announced a change in its senior management. Mr. Ajay Jain, Vice President - Transformer Business, has tendered his resignation due to personal reasons. His resignation will be effective from the close of business hours on September 30, 2026. Mr. Jain has been with the company and has expressed gratitude for the opportunities and support received. He has committed to ensuring a smooth handover of responsibilities during his notice period. The company has provided details as required by SEBI regulations in Annexure A and B of the filing.

Key Highlights

  • Vice President - Transformer Business resigns.
  • Resignation is effective September 30, 2026.
  • Reason cited is personal.
  • Handover process will be managed smoothly.