CG Power and Industrial Solutions Limited has informed the Exchange regarding Allotment of 41200 Shares.
CGPOWER · price
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Awaiting price reaction for this filing.
On 13th June 2025, CG Power and Industrial Solutions allotted 41,200 equity shares to eligible employees under its Employee Stock Option Plan 2021 (ESOP 2021). The shares have a face value of Rs. 2 each and were issued at an exercise price of Rs. 454.40 per share. These newly allotted shares will rank equally with existing equity shares of the company. As a result, the company's paid-up equity share capital rose from Rs. 3,05,80,75,368 to Rs. 3,05,81,57,768, taking the total number of equity shares to 1,52,90,78,884.
This is a routine ESOP allotment with a very small number of shares (41,200) relative to the total share count (~152.9 crore), so it has negligible impact on the stock price or shareholder dilution. It signals that employees are exercising their stock options at the set price, reflecting confidence in the scheme.