General Updates

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/077/2026-27 17th 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: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) – Execution of Definitive Agreement for the acquisition of Tosil Systems Private Limited by Axiro Semiconductor Private Limited We wish to inform that the wholly owned subsidiary of CG Power and Industrial Solutions Limited, Axiro Semiconductor Private Limited (“the Company”) has today (i.e., 17th August 2026) entered into a Definitive Agreement i.e., Securities Purchase Agreement for the acquisition of 100% (one hundred percent) of the shareholding in Tosil Systems Private Limited (“Tosil”) for a consideration of Rs. 16.44 Crores. Tosil is an established company engaged in the business of providing semiconductor and embedded engineering services company providing silicon design, verification and physical implementation, embedded software and Linux BSP development, and Edge AI engineering services to global semiconductor and electronics OEMs The acquisition is subject to satisfactory completion of conditions precedent as contained in the aforesaid definitive agreement entered into. Further details are in the annexed statement of disclosure furnished pursuant to Regulation 30 of the SEBI Listing Regulations. We request you to kindly take the above 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 Disclosure pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 relating to the execution of the Securities Purchase Agreement by Axiro Semiconductor Private Limited (“Axiro” or “the Company) for the acquisition of Tosil Systems Private Limited (“Tosil”) Disclosure requirement Details a) Name of the target entity, details in brief Tosil Systems Private Limited, is a nine-year- such as size, turnover etc. old company bearing CIN U72900KL2017PTC048384, engaged in the business of providing semiconductor and embedded engineering services company providing silicon design, verification and physical implementation, embedded software and Linux BSP development, and Edge AI engineering services to global semiconductor and electronics OEMs. Issued and paid-up equity share capital: INR 50,00,000 (Indian Rupees Fifty Lakhs) Turnover: INR 11.94 Crores (For year ended March 31, 2026) b) Whether the acquisition would fall within The acquisition does not fall within related related party transaction(s) and whether the party transaction(s). The Sellers are unrelated promoter/promoter group/group companies individual shareholders of Tosil and are not have any interest in the entity being acquired? related parties of the Company, Axiro, or their If yes, nature of interest and details thereof promoter/promoter group. and whether the same is done at “arms’ length”. The promoter / promoter group / group companies do not have any interest in Tosil or the Sellers. The proposed transaction is at arms’ length basis. c) Industry to which the entity being acquired Tosil is part of the semiconductor design belongs. services / embedded engineering industry. d) Objects and effects of acquisition (including The proposed acquisition will strengthen the but not limited to, disclosure of reasons for Company's semiconductor design capabilities acquisition of target entity, if the business is by adding Tosil's embedded, silicon and outside the main line of business of the listed application engineering design and entity). development services business, complementing the Company's existing semiconductor business. e) Brief details of any governmental or Not Applicable regulatory approvals required for the acquisition. 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 Disclosure requirement Details f) Indicative time period for completion of the The acquisition is expected to be completed acquisition. on or before 31st August 2026 or such extended date as may be mutually agreed, subject to satisfactory completion of the conditions precedent contained in the Securities Purchase Agreement. g) Nature of consideration – whether cash The consideration for the proposed consideration or share swap and details of the acquisition is in the form of cash. same. h) Cost of acquisition or the price at which the The proposed acquisition is for an aggregate shares are acquired. consideration of INR 16,44,00,000 (Indian Rupees Sixteen Crore Forty-Four Lakhs only) for the acquisition of 5,00,000 (Five Lakh) equity shares representing 100% of the issued and paid-up share capital of Tosil. i) Percentage of shareholding/control acquired 100% (One Hundred percent) of the issued and/or number of shares acquired. and paid-up equity share capital of Tosil, comprising 5,00,000 (Five Lakh) equity shares of INR 10 each, is being acquired. j) Brief background about the entity acquired Tosil was incorporated on 27th February 2017 in terms of products/line of business acquired, under the Indian Companies Act, 2013, date of incorporation, history of last 3 years engaged in the business of providing turnover, country in which acquired entity has semiconductor and embedded engineering presence and any other significant information services company providing silicon design, (in brief). verification and physical implementation, embedded software and Linux BSP development, and Edge AI engineering services to global semiconductor and electronics OEMs. Turnover for the last 3 years: INR 11.94 Crores (For year ended March 31, 2026) INR 11.12 Crores (For year ended March 31, 2025) INR 6.95 Crores (For year ended March 31, 2024)