CG Power Set March 22 As Record Date for Interim Dividend: Check Dividend History and More

On March 19, 2025, CG Power shares will be in focus as the company declared an interim dividend for its shareholders on Tuesday, March 18. The company further stated that the Board of Directors approved an interim dividend of ₹1.30 per equity share, representing a 65% payout on the face value of ₹2 per share for FY25. CG Power and Industrial Solutions Ltd has set March 22, 2025, as the record date for determining shareholders’ eligibility for the dividend.

CG Power Dividend History

CG Power and Industrial Business Update

CG Power and Industrial Solutions Ltd (CG) recently signed a long-term supply agreement with M/s Kinet Railway Solutions Limited for the provision and servicing of railway products, including propulsion kits with motors, transformers, and other related items. As part of this agreement, the Company has secured its first purchase order, valued between Rs. 400 crores and Rs. 450 crores, for supplying railway products for 10 Vande Bharat trainsets. In addition to this, a separate 35-year service contract is also included in the agreement.

With over 86 years of experience, CG has built a strong presence in the railway industry, offering a comprehensive range of products, including Traction Machines & Systems, Rail Transportation Traction Electronics (complete Railway Propulsion Systems), and Railway Signalling Products (Electro-Mechanical Signalling Products). The Company has also recently expanded into the Train Collision Avoidance System (TCAS), also known as KAVACH.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.