CG Power and Industrial Solutions Limited has informed the Exchange regarding Allotment of 6000 Shares.
CGPOWER · price
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CG Power and Industrial Solutions allotted 6,000 equity shares of face value Rs. 2 each to eligible employees under its Employee Stock Option Plan (ESOP) 2021 on 24th February 2026. Of these, 4,000 shares were issued at an exercise price of Rs. 156.20 per share and 2,000 shares at Rs. 595.45 per share, upon exercise of previously granted stock options. The newly allotted shares will rank equally with existing equity shares. As a result, the company's paid-up equity share capital rose marginally from Rs. 3,14,98,05,218 to Rs. 3,14,98,17,218, taking the total share count to 1,57,49,08,609 equity shares.
This is a routine ESOP allotment with negligible dilution given the tiny size (6,000 shares against ~157.49 crore total shares). It reflects employees exercising vested stock options, but is too small to materially affect share price or shareholder value.