CG Power and Industrial Solutions Limited has informed the Exchange regarding Allotment of 11000 Shares.
CGPOWER · price
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Awaiting price reaction for this filing.
On 30th July 2025, CG Power allotted 11,000 equity shares to an eligible employee 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. 400.45 per share. As a result, the company's paid-up equity share capital increased marginally from Rs. 3,14,90,80,858 to Rs. 3,14,91,02,858. The total number of equity shares now stands at 1,57,45,51,429. The newly allotted shares will rank equally with existing shares in all respects.
This is a routine ESOP exercise with negligible dilution of about 0.00007%, and is unlikely to have any material impact on the stock price or existing shareholders.