CG Power and Industrial Solutions Limited has informed the Exchange regarding allotment of 71980 securities pursuant to ESOP/ESPS at its meeting held on September 03, 2025
CGPOWER · price
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CG Power and Industrial Solutions Limited has allotted 71,980 equity shares to employees under its Employee Stock Option Plan (ESOP) or Employee Stock Purchase Scheme (ESPS). The allotment was approved at a board meeting held on September 3, 2025. This is a routine disclosure made to the stock exchange as required under listing regulations. The number of shares allotted is relatively small compared to the company's overall share capital, indicating a limited dilution impact.
Minimal dilution for existing shareholders as only 71,980 shares were issued under the employee stock scheme. This is a regular corporate action and is unlikely to have any material effect on the stock price.