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CG Power & Industrial Solutions announced that the 89th Annual General Meeting(AGM) of the company will be held on 24 July 2026.

Net profit of CG Power & Industrial Solutions rose 34.39% to Rs 365.49 crore in the quarter ended March 2026 as against Rs 271.97 crore during the previous quarter ended March 2025. Sales rose 25.03% to Rs 3441.76 crore in the quarter ended March 2026 as against Rs 2752.77 crore during the previous quarter ended March 2025.For the full year,net profit rose 23.77% to Rs 1206.27 crore in the year ended March 2026 as against Rs 974.59 crore during the previous year ended March 2025. Sales rose 25.32% to Rs 12417.95 crore in the year ended March 2026 as against Rs 9908.66 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales3441.762752.77 25 12417.959908.66 25 OPM %13.5512.60 -13.0913.17 - PBDT539.78415.49 30 1857.391459.81 27 PBT490.41383.64 28 1661.801347.97 23 NP365.49271.97 34 1206.27974.59 24 Powered by Capital Market - Live News

CG Power & Industrial Solutions will hold a meeting of the Board of Directors of the Company on 6 May 2026.

EdgeCortix, a leading fabless semiconductor company specializing in energy-efficient AI processing at the edge, today announced a new investment from Axiro Semiconductor, a wholly owned subsidiary of CG Power and Industrial Solutions, and MPower Partners, a Japan-based global venture capital fund, building on the strong momentum of its previously oversubscribed funding round. The investment strengthens EdgeCortix`s position as a global leader in AI inference, accelerating the development and commercialization of its next-generation, energy-efficient platforms for Generative and Agentic AI, including its next-generation SAKURA-X chiplet-based platform. Axiro joins EdgeCortix as an investor, bringing deep expertise in RF, mmWave, and advanced connectivity IC design for next-generation wireless systems. Headquartered in India, Axiro is focused on building high-performance semiconductor solutions across telecom, satellite communications, and defense, while expanding into adjacent domains including AI-driven infrastructure, industrial systems, robotics, and consumer electronics. �We are thrilled to support EdgeCortix as an investor and partner,� said Dr. Naveen Yanduru, Chief Executive Officer at Axiro. �This investment reflects our focus on advancing next generation semiconductor and connectivity technologies. At Axiro, we are building capabilities across telecom, satellite communications, and defense, while expanding into adjacent domains such as industrial systems, robotics, and consumer electronics, where AI is becoming increasingly relevant. We see alignment with EdgeCortix`s low-power, high-performance AI capabilities, including platforms such as SAKURA-II, and the potential to complement our work in advanced connectivity. This investment also aligns with our approach to strengthening our presence in telecom and wireless infrastructure while expanding into emerging application areas globally.� EdgeCortix is a fabless semiconductor company delivering energy-efficient AI processing for real time edge inference. Headquartered in Kanagawa, Japan, with operations in the United States and India, the company develops silicon and software platforms powered by its patented hardware�software co-design approach. EdgeCortix`s Dynamic Neural Accelerator� architecture and MERA software stack enable highly efficient, runtime-reconfigurable AI acceleration across applications including defense, aerospace, smart infrastructure, Industry 4.0, robotics, and telecommunications.

CG Power & Industrial Solutions announced change in senior management as follows:Deven Jani, Vice President - Strategic Sourcing who was heading the strategic sourcing function and also taking care of initiatives under i2v (Innovate to Value) and ESG will be moving out of strategic sourcing and re-designated as Vice President - i2v & ESG Head. Under the new role Mr. Deven will take on a focused role as i2v & ESG Leader and cease to be part of the Senior Management Personnel of the Company w.e.f 14 April 2026.Shirish Shah has been appointed as Vice President - Strategic Sourcing, in the category of Senior Management of the Company w.e.f. 14 April 2026.