cg power & industrial solutions has scheduled a meeting with IIFL Institutional Equities on Wednesday, 17th June, 2026. The interaction is part of the company's engagement with analysts and institutional investors. The disclosure was made pursuant to Regulations 30(2) and 46(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The meeting is intended to provide updates and insights into the company's operations and performance. Sanjay Kumar Chowdhary, Company Secretary and Compliance Officer, signed the intimation on June 4, 2026.

Meeting Schedule

The company noted that the above schedule is subject to changes due to exigencies.

CG Power and Industrial Solutions Limited commissioned its Extra High-Voltage (EHV) Switchgear Manufacturing Facility S3 Unit-II in Nashik on June 4, 2026, to address rising demand and capacity constraints in its existing operations. The new facility expands the company's ability to manufacture EHV circuit breakers in the 33 kV to 245 kV range, strengthening its position in the power transmission sector. This expansion is part of a broader greenfield switchgear business initiative aimed at doubling the company's existing manufacturing capacity for Medium Voltage and EHV segments.

The S3 Unit-II adds an annual production capacity of 7,200 units, representing an 80% increase in EHV circuit breaker manufacturing capabilities. This complements the existing S3 Unit-I in Ambad, Nashik, which produces 9,000 units annually in the 33 kV to 800 kV range and currently operates at approximately 85% utilization. The new facility includes advanced infrastructure such as 500 kV and 350 kV high-voltage testing laboratories to support production and quality assurance.

Investment and Financing

The company invested Rs 39.49 crore in the new facility, financed entirely through internal accruals. According to the disclosure, 97% of the capital expenditure incurred for this facility is expected to be utilized for the broader Greenfield project. The project is designed to cater to a complete product range including MV and EHV Switchgear, Substation Automation Systems, and Power Electronics solutions.

Operational Details

The following table outlines the key capacity and investment details for the new facility:

Amar Kaul, Group CEO and Managing Director, stated that the commissioning marks a significant milestone in the company's growth journey. He highlighted that the facility enhances the company's ability to deliver products at scale to meet the growing demand from grid expansion, renewable energy integration, and infrastructure development projects in domestic and international markets.

The facility incorporates energy-efficient systems, rainwater harvesting, water recycling infrastructure, and zero liquid discharge operations. These features are intended to improve resource efficiency while reducing energy consumption and environmental impact. The expansion enables the company to better serve critical sectors such as utilities, railways, renewable energy, oil and gas, and transmission infrastructure projects.