CG Power & Industrial Solutions - Capable management, good business & industry tailwinds

Disclosure under Regulation 30 of SEBI LODR, Regulations, 2015 in relation to the release made by the Press Information Bureau, Delhi.

Semiconductor ATMP unit for specialized chips:
CG Power, in partnership with Renesas Electronics Corporation, Japan and Stars
Microelectronics, Thailand will set up a semiconductor unit in Sanand, Gujarat.
Investment: This unit will be set up with an investment of Rs.7,600 crore.
Technology partner: Renesas is a leading semiconductor company focussed on specialised
chips. It operates 12 semiconductor facilities and is an important player in microcontrollers,
analog, power, and System on Chip (‘SoC)’ products.
Segments covered: The CG power semiconductor unit will manufacture chips for consumer,
industrial, automotive and power applications.
Capacity: 15 million per day

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CG Power and Industrial Solutions Limited, Renesas, and Stars
Microelectronics, to Jointly Build Outsourced Semiconductor
Assembly and Test Facility in India

9925f477-4b72-4426-87c8-0b1b89c4313c.pdf (bseindia.com)