Announced Wed, 7 Jan · 12:35 IST

CG Power and Industrial Solutions Limited has informed the Exchange regarding Allotment of 10000 Shares.

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CGPOWER · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

CG Power has allotted 10,000 equity shares to an eligible employee under its Employee Stock Option Plan 2021 (ESOP 2021) on 7th January 2026. The shares have a face value of Rs. 2 each and were issued at an exercise price of Rs. 156.20 per share. As a result, the company's paid-up equity share capital has increased marginally from Rs. 314.97 crore to Rs. 314.98 crore, taking the total number of equity shares to 1,57,48,77,609. The newly allotted shares will rank equally with existing equity shares in all respects.

Likely market impact

This is a routine, minor ESOP allotment with negligible dilution (10,000 shares against ~157.49 crore total shares). No material impact on shareholders or stock price is expected.