CG Power and Industrial Solutions Limited has informed the Exchange regarding Allotment of 6500 Shares.
CGPOWER · price
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CG Power and Industrial Solutions has allotted 6,500 equity shares of face value Rs. 2 each to an eligible employee under its Employee Stock Option Plan 2021 (ESOP 2021). The shares were issued at an exercise price of Rs. 156.20 per share on 6th June 2025. As a result, the company's paid-up equity share capital has increased from Rs. 3,05,80,62,368 to Rs. 3,05,80,75,368, comprising 1,52,90,37,684 equity shares. The newly allotted shares will rank equally with existing shares in all respects.
This is a routine ESOP allotment with minimal dilution (6,500 shares is negligible compared to ~152.9 crore total shares). No material impact on shareholders or stock price is expected.