CG Power and Industrial Solutions Limited has informed the Exchange regarding Allotment of 3000 Shares.
CGPOWER · price
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CG Power and Industrial Solutions has allotted 3,000 equity shares under its Employee Stock Option Plan 2021 on 10th March 2026. The shares have a face value of Rs. 2 each and were issued at an exercise price of Rs. 156.20 per share to an eligible employee upon exercising stock options. As a result, the company's paid-up equity share capital rose marginally from Rs. 3,14,98,29,218 to Rs. 3,14,98,35,218, with total equity shares now standing at approximately 1,57,49,17,609. This is a routine, small-scale ESOP allotment and not a fresh capital raise from the market.
This is a minor, routine ESOP allotment with negligible dilution (3,000 shares out of ~157 crore shares). No material impact on share price or shareholder value is expected.