CG Power and Industrial Solutions Limited has announced the resignation of Sriram Rangarajan, Executive Vice President and SBU Head – Consumer Product Business, effective at the close of business hours on 19 March 2026. The company states the move is for personal reasons and that Rangarajan will cease to be part of the senior management team from that date. The notice underscores that the resignation letter is enclosed as part of the correspondence.
Rangarajan had, in a prior exchange, expressed a desire to be relieved by 20 February 2026, subject to completion of handovers and responsibilities. In a message to MD & CEO Amar Kaul, he expressed gratitude for the guidance and support received during his tenure and reaffirmed his commitment to ensuring a smooth transition with orderly handovers.
As head of the Consumer Product Business, Rangarajan led a key growth segment for CG Power. His departure points to a leadership transition within a critical business line as the company continues to execute its strategic priorities and navigate market dynamics.
There is no immediate replacement named in the notice, suggesting that CG Power will map out its next steps for leadership succession and transition in the weeks ahead while maintaining focus on ongoing operations and performance.