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Gautam Thapar denies any misappropriation of funds at CG Power

Aug 30, 2019 16:07 IST

After being removed as the chairman of the company, CG Power Founder Gautam Thapar has said that there was neither any fraud nor any misappropriation of funds. The board is likely to meet on Friday to elect a new chairman, according to news sources. It also seems likely one of the independent directors will be appointed as the non-executive chairman.