Qualified Institutional Placement
As filed · CG Power and Industrial Solutions Limited has informed the Exchange about qualified Institutional Placement
CapitalWatchMajormateriality 80 out of 100
What happened
FactCG Power and Industrial Solutions Limited has approved the closure of its qualified institutions placement of equity shares on 3rd July, 2025. The issue price has been set at ₹660.00 per equity share, which includes a premium of ₹658.00, reflecting a discount of 2.81% to the floor price. The company has also adopted the placement document and finalized the confirmation of allocation note for eligible qualified institutional buyers.