CG Power and Industrial Solutions Limited has informed the Exchange regarding Allotment of 3640 Shares.

CGPOWER · price

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-0.2%1-day move

₹668.60

prior close

₹687.45

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AI summary

CG Power and Industrial Solutions Limited has allotted 3,640 equity shares under its Employee Stock Option Plan 2021 on 25th 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 eligible employees. As a result, the company's paid-up equity share capital increased marginally from Rs. 3,14,98,35,218 to Rs. 3,14,98,42,498, taking the total number of equity shares to 1,57,49,21,249. The newly allotted shares will rank equally with existing shares in all respects.

Likely market impact

This is a routine, very small ESOP allotment (3,640 shares against over 157 crore existing shares) with negligible dilution. No meaningful impact on shareholders or stock price is expected.