Please find enclosed the disclosure under Regulation 30 of SEBI LODR, 2015 regarding resignation of the Statutory Auditors of the Company.

CG Power and Industrial Solutions Limited Registered Office: ONE UNITY CENTER, Unit Nos. 1504-1508, Senapati Bapat Marg, Prabhadevi, Mumbai – 400013, India T: +91 22 3120 7777 W: www.cgglobal.com Corporate Identity Number: L99999MH1937PLC002641 Our Ref: COSEC/076/2026-27 14th August 2026 By portal The Corporate Relationship Department The Assistant Manager – Listing BSE Limited National Stock Exchange of India Ltd. 1st Floor, New Trading Ring Exchange Plaza, Bandra-Kurla Complex, Rotunda Building, Bandra (East), Phiroze Jeejeebhoy Towers, Mumbai 400 051 Dalal Street, Mumbai 400 001 Scrip Code: 500093 Scrip Id: CGPOWER Dear Sir / Madam, Sub.: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) Ref: Disclosure having reference no. COSEC/058/2026-27 dated 24th July 2026 We refer to the captioned disclosure wherein it was informed that M/s. S R B C & CO LLP ("SRBC"), Chartered Accountants, Statutory Auditors vide their letter dated 24th July 2026 had provided their intent to resign as Statutory Auditors of the Company with effect from the close of business hours on 14th August 2026, for the reason provided below: “The existing auditors of Tube Investments of India Limited (“TII” or “Holding Company”) i.e. M/s. S.R. Batliboi & Associates LLP will demit office as auditors after completion of 10 years period, in terms of the provisions relating to rotation of auditors with respect to Section 139 of the Companies Act, 2013, upon the conclusion of the ensuing AGM of TII proposed to be held on 14th August, 2026. In view of the above, the Company’s management proposed to align its statutory auditors with those affiliated to the same network as appointed by TII, to enable better coordination with the Holding Company’s auditors and bring efficiency and synergy to the audit process, given the relative material size of the Company together with its subsidiaries (more than 50%) to the Holding Company’s consolidated financial statements.” In line with their letter dated 24th July 2026, SRBC have vide their letter dated 14th August 2026 submitted their resignation as the Statutory Auditors of the Company with effect from the close of business hours on 14th August 2026. The Statutory Auditors have not raised any concerns, issues, or disagreements with the Company or its management. A copy of the resignation letter dated 14th August 2026, as received from SRBC, is enclosed herewith. The details as required under Regulation 30 of the Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November 2024 are provided in ‘Annexure I’. We would appreciate if you could take the same on record. Thanking you. Yours faithfully, For CG Power and Industrial Solutions Limited Sanjay Kumar Chowdhary Company Secretary and Compliance Officer Encl.: as above CG Power and Industrial Solutions Limited Registered Office: ONE UNITY CENTER, Unit Nos. 1504-1508, Senapati Bapat Marg, Prabhadevi, Mumbai – 400013, India T: +91 22 3120 7777 W: www.cgglobal.com Corporate Identity Number: L99999MH1937PLC002641 Annexure I Name of the Auditors M/s. S R B C & CO LLP Reason for change viz. appointment, resignation, removal, death or Resignation otherwise Date of appointment/ cessation (as applicable) & term of appointment 14th August 2026 Brief Profile (in case of appointment) Not Applicable Disclosure of relationships between directors (in case of appointment of Not Applicable directors) SR BC & COLLP 12th Floor, The Ruby 29 Senapati Bapat Marg Dadar (West) Chartered Accountants Mumbai -400 028, India Tel: +91 22 6819 8000 August 14, 2026 The Board of Directors CG Power and Industrial Solutions Limited ONE UNITY CENTER, Unit Nos. 1504-1508, Senapati Bapat Marg, Prabhadevi, Mumbai -400013, India Dear Sirs, Sub: Resignation as statutory auditors This is further to our letter dated July 24, 2026 communicating our intention to resign as statutory auditors of CG Power and Industrial Solutions Limited ("CG Power" or the "Company"), a copy of which is set out as Annexure I to this letter. In view of the reasons stated therein, we hereby tender our resignation as statutory auditors of the Company effective close of business hours on August 14, 2026. We take this opportunity to reiterate our appreciation for the courtesies and co-operation extended to us by your organization. Should you require any assistance in the future, please feel free to contact us. Yours faithfully, For S R B C & CO LLP Chartered Accountants !CAI Firm Registration Number: 324982E/E300003 Aniruddh Sankaran Partner Membership No.: 211107 Annexure I: Our letter dated July 24, 2026 informing our intention to resign as statutory auditors SR B c & co LLP. a Limited Liability Partnership with LLP Identity No. AAB-4318 Regd. Office: 22, Camac Street. Block '8', 3rd Floor. Kolkata-700 016 SR BC & COLLP Chartered Accountants Information from the statutory auditor upon resignation Particulars Details I. Name of the listed entity ,I mateFial sHasiaiaF)' CG Power and Industrial Solutions Limited 2. Details of statutory auditor: a. Name SR BC & CO LLP b. Address 12th Floor, The Ruby, 29 Senapati Bapat Marg, Dadar (West), Mumbai -400028 c. Phone Number +91226819 8000 d. Email srbc.co@srb.in 3. Details of association with the listed entity ,I mateFial sHssiaiaFJ' a. Date on which the statutory auditor was appointed July 27, 2023 b. Date on which the term of the statutory auditor was scheduled to Conclusion of the 91s t Annual General Meeting to expire be held in year 2028 c. Prior to resignation, the latest audit report I limited review report Limited Review Reports dated July 24, 2026 on submitted by the auditor and date of its submission the standalone financial results of the Company, and on the consolidated financial results of the Company, its subsidiaries and associate, for the quarterendedJune30,2026 4. Detailed reasons for resignation The Company intends to align its statutory auditors with those affiliated with the same network as appointed by its Holding Company, to facilitate audit coordination, efficiency and synergies, considering the relative material size of the Company and its subsidiaries (more than 50%) to the Holding Company's consolidated financial statements. 5. In case of any concerns, efforts made by the auditor prior to Not Applicable resignation (including approaching the Audit Committee I Board of Directors along with date of communication made to the Audit Committee I Board of Directors) SR BC & COLLP Chartered Accountants Particulars Details 6. In case the information requested by the auditor was not provided, then following shall be disclosed: a. Whether the inability to obtain sufficient appropriate audit evidence was due to a management-imposed limitation or circumstances beyond management's control b. Whether the lack of information would have significant impact on the financial statements I results Not Applicable c. Whether the auditor has performed alternative procedures to obtain appropriate evidence for the purposes of audit I limited review as laid down in SA 705 (Revised) d. Whether the lack of information was prevalent in previous reported financial statements I results. If yes, on what basis previous audit I limited review reports were issued 7. Any other facts relevant to the resignation None Declaration 1. We hereby confirm that the information given in this letter and its attachments is correct and complete. 2. We hereby confirm that there is no other material reason other than those provided above for resignation of my firm. For S R B C & CO LLP Chartered Accountants ICAI Firm Registration Number: 324982E/E300003 Aniruddh Sankaran Partner Membership No.: 2 I I I 07 Place: Chennai Date: August 14, 2026 S R B C & COLLP 12th Floor, The Ruby 29 Senapati Bapat Marg Dadar (West) Chartered Accountants Mumbai : 400 028, India Tel: +91226819 8000 July 24, 2026 The Board of Directors CG Power and I [Showing first 8,000 characters — download PDF for full document]