Vice President - Transformer Business Ajay Jain Resigns
Mr. Ajay Jain, Vice President - Transformer Business, has resigned from CG Power with effect from close of business hours on 30th September 2026, citing personal reasons.
- Name
- Mr. Ajay Jain
- Position
- Vice President - Transformer Business
- Resignation Effective Date
- 30th September 2026
- Reason for Resignation
- Personal reasons
- Resignation Letter Date
- 28 July 2026
What happened
CG Power and Industrial Solutions has intimated the stock exchanges under Regulation 30 that Mr. Ajay Jain, Vice President - Transformer Business, has resigned from the services of the company.
- Reason stated: personal reasons; his letter cites personal and family obligations.
- Effective from the close of business hours on 30th September 2026.
- He accordingly ceases to be part of the Senior Management Personnel of the company.
- His resignation letter is dated 28 July 2026 and was accepted with 30th September 2026 as his last working day.
- The letter notes his willingness to support the transition and hand over responsibilities to an identified successor during the notice period.
How to read it
This is a senior management exit at the business-unit level, not a change on the Board of Directors. The company's compliance officer update and the annexure confirm the change relates only to this position.
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