CG Power and Industrial Solutions Announces Changes in Senior Management Leadership
CG Power and Industrial Solutions Limited has announced key changes in its Senior Management Personnel, effective April 14, 2026. The changes involve a role transition for Mr. Deven Jani and the appointment of Mr. Shirish Shah to a senior leadership position.Mr. Deven Jani, who previously held the role of Vice President - Strategic Sourcing and oversaw initiatives under i2v (Innovate to Value) and ESG, is transitioning roles. Under his new designation as Vice President - i2v & ESG Head, Mr. Deven will take a focused leadership role in i2v & ESG and will cease to be part of the Company's Senior Management Personnel effective April 14, 2026.
In a new appointment, Mr. Shirish Shah has been appointed as Vice President - Strategic Sourcing. He joins the Company's senior management, with his new role also effective April 14, 2026. Mr. Shirish is noted as a senior professional with over three decades of experience in procurement, sourcing, and supply chain management across leading industrial organizations. He brings a strong track record in cost optimization, delivery performance, inventory efficiency, and project execution, and holds the certification of Production & Inventory Management (CPIM) from APICS, USA.
The details regarding the personnel changes are summarized below:
| Particulars | Mr. Deven Jani | Mr. Shirish Shah |
|---|---|---|
| Reason for Change | Change in Role and Responsibilities | Appointment as Vice President - Strategic Sourcing and part of the Senior Management of the Company |
| Date of Change | April 14, 2026 | April 14, 2026 |
| Brief Profile | Not Applicable. | Mr. Shirish is a senior professional with over three decades of experience in procurement, sourcing, and supply chain management across leading industrial organizations. He has a strong track record in cost optimisation, delivery performance, inventory efficiency and project execution. He is Certified in Production & Inventory Management (CPIM) by APICS, USA. |
CGPOWER Stock Price Movement
On Monday, CG Power and Industrial Solutions Limited shares slipped by 2.07% to close at ₹716.1, ending the day substantially lower than its previous session's close. The stock traded on a volume of 2.06 million shares, marking a decline from its day's high of ₹727.95.Source:
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