CG Power and Industrial Solutions Limited has informed the Exchange regarding allotment of 23000 securities pursuant to ESOP/ESPS at its meeting held on September 30, 2025
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CG Power and Industrial Solutions has allotted 23,000 equity shares under its Employee Stock Option Plan 2021 on September 30, 2025. The shares have a face value of Rs. 2 each and were issued at an exercise price of Rs. 400.45 per share to an eligible employee upon exercising stock options. As a result, the company's paid-up equity share capital increased from Rs. 3,14,93,93,618 to Rs. 3,14,94,39,618, bringing the total number of equity shares to 1,57,47,19,809. The newly allotted shares will rank equally with existing equity shares in all respects.
This is a routine ESOP allotment with a very small dilution (23,000 shares out of over 157 crore shares), so it has negligible impact on shareholding or stock price. It signals continued employee incentive activity and minor equity expansion.