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CG POWER GROUP
Axiro will scale fabless chip business in phases: CG Power chairmanAxiro Semiconductor, a CG Power subsidiary, is expanding its fabless chip business, initially targeting connectivity, satellite communicati...20 Apr, 2026, 06.00 AM IST- Stocks in news: Wipro, Angel One, HDB Financial, Clean Max Enviro, M&MIn today's trade, shares of Wipro, Angel One, HDB Financial, Clean Max Enviro, M&M among others will be in focus due to various news develo...16 Apr, 2026, 06.22 AM IST
- CG Power shares rally 12% in three sessions on semiconductor pushShares of CG Power and Industrial Solutions rose nearly 4% on Tuesday, extending a three-day winning streak and 12% gain over the past sess...02 Sep, 2025, 03.08 PM IST
- Court accepts plea to dissolve CG Power SolutionsThe tribunal had also allowed the lenders' plea to pursue recovery against the erstwhile promoters under the bankruptcy laws even after the...22 Nov, 2023, 11.07 AM IST
- CG Power case: Sebi slaps 5-year mkt ban on Gautam Thapar; penalises 11 entitiesSebi said it has banned Gautam Thapar, Avantha Holdings, Action Global and Solaris Industrial Chemicals from the securities markets for 5 y...05 Oct, 2022, 09.51 AM IST
- Standard Chartered Bank settles case with Sebi in CG Power case; pays Rs 4.97-crThe order came after Standard Chartered Bank (SCB) approached Sebi proposing to settle the case pertaining to alleged violations of PFUTP (...25 May, 2022, 08.53 PM IST
- CG Power Q3 Results: Net profit jumps 28% to Rs 546 croreThe consolidated results include the performance of the operating subsidiaries in USA (QEI, LLC) and in Sweden, Germany and Netherlands (Dr...27 Jan, 2022, 04.17 PM IST
- MCA moves NCLT against former management of CG PowerIn 2019, the board of CG Power & Industrial Solutions had to restate its earnings after finding suspected fraudulent transactions by its ch...10 Apr, 2021, 11.19 PM IST
- Murugappa Group takes over CG Power, appoints directorsCG Power said its entire board including non-executive chairman Ashish Guha and whole-time executive director Sudhir Mathur have resigned.26 Nov, 2020, 06.42 PM IST
- CG Power lenders agree for loan restructuring, pave way for Murugappa takeoverIn separate but almost identical stock exchange filings, CG Power and Murugappa Group firm Tube Investments of India Ltd (TIIL), said lende...22 Nov, 2020, 11.47 AM IST
- CG Power shareholders vote to declassify Thapar as promoter, re-appoint Mathur as directorWithin days of the unearthing of the fraud involving siphoning off money raised using company assets as collateral, Thapar was removed by t...21 Oct, 2020, 05.10 PM IST
- Lots of unanswered questions ahead of CG Power AGMThe Murugappa Group's Tube Investments of India which has taken over the company has invested nearly Rs 800 crore to turnaround the scam hi...19 Oct, 2020, 02.02 PM IST
- New owners give new ambitions to CG PowerCG Power had a long term debt of over Rs 2,000 crore at the end of FY20. The Murugappa group has struck a settlement with banks (SBI is the...25 Sep, 2020, 08.30 AM IST
- YES Bank exits CG Power, sells over 10% stake in tranchesYes Bank has sold 6,34,00,000 equity shares having nominal value of Rs 2 each, constituting 10.12 per cent of the share capital of CG Power...19 Aug, 2020, 11.05 PM IST
- Lenders of CG Power negotiate with Murugappa Group to further raise the bid amountIf concluded, the deal will likely give Murugappa at least 70% of the debt-laden company.02 Aug, 2020, 07.05 PM IST
- CG Power imbroglio: Gautam Thapar cites board approvals, rejects fund misuse allegationsCG Power board sacked Thapar after an audit report by Vaish Associates, which itself is based on as many as 23 disclaimers, claimed that Th...15 Dec, 2019, 07.37 PM IST
- ‘Suspect’ transactions detected at Gautam Thapar’s CG Power; stock tanks 20%. YES Bank suffers collateral damageFraud at CG Power was purportedly carried out by employees for over 2 years.20 Aug, 2019, 12.33 PM IST
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