CG Power expands capital, appoints new HR vice president

CG Power and Industrial Solutions Limited has expanded its paid-up equity share capital following the allotment of 23,000 equity shares on September 30, 2025. These shares, with a face value of INR 2/- each, were issued under the company's ESOP 2021 plan at an exercise price of INR 400.45 per share. This allotment increases the paid-up equity share capital from INR 3,14,93,93,618 to INR 3,14,94,39,618, comprising 1,57,47,19,809 equity shares.

Concurrently, the company announced the appointment of Vrushali Kedar Gadkari as vice president & chief human resources officer (CHRO), effective September 30, 2025. This appointment falls under the category of senior management personnel.

Gadkari brings over 21 years of HR experience across various business pillars, with expertise in managing business turnarounds, driving organizational and talent transformation, and handling mergers and acquisitions across multi-industries. Her role is expected to support CG Power's growth ambitions by strengthening human capital.