CG Power & Industrial Solutions witnessed a significant block trade on the National Stock Exchange (NSE), highlighting substantial institutional activity in the electrical equipment manufacturer's shares.

Block Trade Details

The transaction involved a considerable volume and value, demonstrating active participation from large investors in the company's stock.

Market Implications

Block trades typically represent transactions between institutional investors, including mutual funds, insurance companies, foreign institutional investors, or other large market participants. These trades are executed outside the regular market to avoid impacting the stock's market price during normal trading hours.

The execution price of ₹641.50 per share reflects the prevailing market conditions at the time of the transaction. Such large-volume trades often indicate strategic positioning by institutional investors and can provide insights into market sentiment toward the company.

About the Transaction

CG Power and Industrial Solutions operates in the capital goods sector, specifically focusing on electrical equipment manufacturing. The block trade represents a significant transaction in terms of both volume and value, with over 2.65 lakh shares changing hands in a single transaction.

Block trades are an important component of institutional trading activity and provide liquidity for large investors looking to buy or sell substantial quantities without affecting the stock's regular market price discovery mechanism.

CG Power & Industrial Solutions Limited has announced key changes in its senior management personnel, specifically within its railway business division. The company informed stock exchanges about the resignation of one senior executive and the appointment of his replacement.

Senior Management Transition

The company reported two significant personnel changes affecting its railway business operations. Mr. Chidambaram Balakrishnan, who served as Vice President - Railways, tendered his resignation effective from the close of business hours on January 1st, 2026. His departure was attributed to personal reasons, and he ceased to be part of the company's senior management personnel.

New Leadership Appointment

To fill the vacant position, CG Power appointed Mr. Dhananjay Bapat as Vice President Railway Business, effective January 2nd, 2026. The appointment ensures continuity in the company's railway business operations with minimal disruption.

Professional Background of New Executive

Mr. Dhananjay Bapat brings extensive experience to his new role at CG Power. His professional credentials include:

• Total Experience: 27 years in manufacturing, sales, marketing, product management, service, and P&L management
• Industry Exposure: Diverse industry sectors with comprehensive commercial functions leadership
• Certifications: HBX CORE and HBX Negotiation Mastery certified business leader
• Specialized Skills: Visual & Daily management, Funnel management, Value selling, and Building Personal Brand
• Educational Qualifications: B.E. in Mechanical Engineering and MMM & DMS in Marketing

Regulatory Compliance

The company fulfilled its disclosure obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Sanjay Kumar Chowdhary communicated these changes to both BSE Limited (Scrip Code: 500093) and National Stock Exchange of India Ltd. The notifications included all required details as per SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13th, 2023.

Strategic Implications

The seamless transition in railway business leadership demonstrates CG Power's commitment to maintaining operational continuity. With Mr. Bapat's extensive background in commercial functions and process-driven approach to enhance productivity and profitability, the company appears well-positioned to continue its railway business operations without disruption.