CG Power and Industrial Solutions Limited has informed the Exchange regarding allotment of 52000 securities pursuant to ESOP/ESPS at its meeting held on August 08, 2025
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CG Power has allotted 52,000 equity shares under its Employee Stock Option Plan 2021 on August 8, 2025. Of these, 12,000 shares were issued at an exercise price of Rs. 400.45 per share and 40,000 shares at Rs. 454.40 per share, each with a face value of Rs. 2. As a result, the company's paid-up equity share capital rose from Rs. 3,14,91,02,858 to Rs. 3,14,92,06,858, with the total share count now standing at 1,57,46,03,429 equity shares. This is a routine allotment made to eligible employees upon exercise of their stock options.
The dilution from this allotment is negligible (about 0.003% of total shares), so it has no meaningful impact on existing shareholders or the stock price. It is simply a regular ESOP exercise event.