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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.

CG Power & Industrial Solutions has allotted 3,640 equity shares under ESOP on 25 March 2026. Consequently, on allotment of the above equity shares, the paid-up equity share capital of the Company stands increased from Rs. 3,14,98,35,218 to Rs.3,14,98,42,498 comprising of 1,57,49,21,249 equity shares of face value of Rs. 2/- each. Powered by Capital Market - Live News

CG Power & Industrial Solutions announced that Sriram Rangarajan, Executive Vice President, SBU Head- Consumer Product Business of the Company has tendered his resignation from the services of the Company effective from the close of business hours on 19 March 2026, due to personal reasons. Accordingly, Sriram ceases to be part of the Senior Management Personnel of the CompanyPowered by Capital Market - Live News

G.G. Tronics India (GGT), a subsidiary of CG Power & Industrial Solutions, today announced that it has secured a significant order from Chittaranjan Locomotive Works, West Bengal, Government of India, for the supply and deployment of KAVACH, India`s indigenous Train Collision Avoidance System. The total order value is Rs 433.34 crore (inclusive of taxes), with an execution timeline of one year. The order reinforces GGT`s position as a trusted partner to Indian Railways in delivering critical, safety-centric signalling solutions that support the nation`s rail modernisation and safety agenda. The scope of the order includes Supply, Installation, Testing, and Commissioning of on-board KAVACH locomotive equipment in accordance with RDSO specifications, along with annual maintenance contract (AMC) for 11 years. The AMC will be applicable from the fifth year onwards, priced at 3% per annum, as per contract terms. The supply scope also covers complete wiring, harnessing, cabling, and integration with the locomotive KAVACH system. Powered by Capital Market - Live News