CG Power shares slip 5% as SFIO begins probe
New Delhi, Dec 11 () Shares of CG Power and Industrial Solutions Ltd on Wednesday declined approximately 5 per cent as the Serious Fraud Investigation Office (SFIO) started probe into the alleged irregularities at the firm and its 15 group companies. The scrip on the BSE was trading at Rs 11.11, a loss of 4.96 per cent over its previous close.
On the NSE, the shares fell 4.7 per cent to Rs 11.15.
“The company has received a letter…from the office of the Joint Director (Investigation), SFIO, Ministry of Corporate Affairs…informing that the Central Government…has ordered an investigation by the SFIO into the affairs of the company and its 15
