CG Power and Industrial Solutions Limited has informed the Exchange regarding allotment of 11000 securities pursuant to ESOP/ESPS at its meeting held on November 05, 2025
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CG Power and Industrial Solutions has allotted 11,000 equity shares to eligible employees under its Employee Stock Option Plan 2021. The shares have a face value of Rs. 2 each and were issued at an exercise price of Rs. 635.10 per share on November 5, 2025. As a result, the company's paid-up equity share capital has risen marginally from Rs. 3,14,95,19,618 to Rs. 3,14,95,41,618, taking the total number of equity shares to 1,57,47,70,809. The newly allotted shares will rank equally with existing shares in all respects. This is a routine ESOP exercise and represents a very small dilution relative to the company's total share base.
The allotment is negligible in size (11,000 shares out of over 157 crore shares) and unlikely to have any meaningful impact on share price or shareholder value. It signals that employees are exercising stock options at a price well above the face value, reflecting positive employee confidence in the stock.