NSEPress Release4 Jul 2026 · 4 Jul 2026, 08:27 pm

Press Release

CG Power and Industrial Solutions Limited · CGPOWER

✦ AI Summary▲ PositiveExpansion

CG Power and Industrial Solutions Limited's subsidiary, CG Semi, has commenced commercial production at its G1 OSAT facility in Sanand, Gujarat, marking a key milestone in India's semiconductor manufacturing journey.

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Earnings Impact2/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact6/10
Market Sentiment8/10

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CG Power and Industrial Solutions Limited has informed the Exchange regarding a press release dated July 04, 2026, titled "CG Semi commences commercial production at its G1 OSAT facility in Sanand, Gujarat".

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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/045/2026-27 4th July 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: Press Release Please find enclosed Press Release dated 4th July 2026 issued by CG Semi Private Limited, a subsidiary of the Company. Request you to kindly 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. Press Release CG Semi commences commercial production at its G1 OSAT facility in Sanand, Gujarat A key milestone in India’s semiconductor manufacturing journey Sanand, Gujarat, 4 July 2026: CG Semi Private Limited (CG Semi), established as a joint venture between CG Power and Industrial Solutions Ltd. of the Murugappa Group, Renesas Electronics Corporation, and Stars Microelectronics. Headquartered in Gujarat, CG semi today announced the commencement of commercial production at its G1 Outsourced Semiconductor Assembly and Test facility in Sanand. The launch was held in the august presence of Hon’ble Prime Minister of India Shri Narendra Modi, Hon’ble Chief Minister of Gujarat Shri Bhupendra Patel and Hon’ble Minister of Railways, Information & Broadcasting and Electronics & Information Technology Shri Ashwini Vaishnaw. The G1 facility, inaugurated in August 2025, has a peak capacity of up to 300 million units per year. Since inauguration, the facility has progressed through equipment installation, process stabilization, workforce training, customer qualification, and quality readiness. With commercial production now underway, CG Semi is positioned to serve customers across the globe. Backed by central and state government support, and in collaboration between CG Power, Renesas Electronics Corporation and Stars Microelectronics, CG Semi is investing over ₹7,600 crore over five years to develop two OSAT facilities – G1 and G2. While G1 has now commenced commercial production, the second facility, G2, is under development and will significantly scale CG Semi’s production capacity once operational. CG Semi has built a strong talent foundation by bringing together semiconductor professionals with deep experience across assembly, packaging and testing. The company has invested in training Indian engineers, operators, and technicians for high- volume OSAT operations, strengthening India’s semiconductor talent base. Quality has been central to CG Semi’s operating model from day one. The G1 facility is equipped with high-yield production systems, robust process controls, manufacturing traceability, and in-house reliability and failure analysis capabilities. Speaking on the occasion, Mr. Vellayan Subbiah, Chairman, CG Power, said, “Today, this first shipment speaks louder than any words. It reflects the enormous belief behind these small chips and the combined e(cid:431)ort of a remarkable team.” About CG Semi CG Semi is one of India’s first dedicated Outsourced Semiconductor Assembly and Test companies, established as a joint venture between CG Power and Industrial Solutions Ltd. of the Murugappa Group, Renesas Electronics Corporation, and Stars Microelectronics. Headquartered in Sanand, Gujarat, CG Semi provides turnkey solutions for semiconductor assembly and test across traditional and advanced packages. The company serves applications across automotive, defence, infrastructure, industrial, and IoT sectors. For more information, please visit www.cgsemi.com X: @CGSEMI_O(cid:431)icial LinkedIn: CG Semi For media information, please contact: Jini PK: +91 94450 34039 About Murugappa Group A 125-year-old conglomerate with presence across India and the world, the INR 902 billion (90,178 crore) Murugappa Group has diverse businesses in agriculture, engineering, financial services and more. The Group has 10 listed companies: Carborundum Universal Limited, CG Power & Industrial Solutions Limited, Cholamandalam Financial Holdings Limited, Cholamandalam Investment & Finance Company Limited, Coromandel International Limited, E.I.D.-Parry (India) Limited, NACL Industries Limited, Shanthi Gears Limited, Tube Investments of India Limited, and Wendt (India) Limited. Other major companies include Cholamandalam MS General Insurance Company Limited and Parry Agro Industries Limited. Brands such as Ajax, Hercules, BSA, Montra, Montra Electric, Mach City, Chola, Chola MS, CG Power, Shanthi Gears, CUMI, Gromor, Paramfos, Parry’s are part of the Group’s illustrious stable. Abrasives, technical ceramics, electrominerals, electric vehicles, auto components, fans, transformers, signalling equipment for railways, bicycles, fertilisers, sugar, tea, and several other products make up the Group’s business interests. Guided by the Five lights — integrity, passion, quality, respect, and responsibility — and a culture of professionalism, the Group has a workforce of 94,041employees. For more details, visit https://www.murugappa.com/