CG Power and Industrial Solutions Limited has informed the Exchange regarding Exercise of 20740 Options.
CGPOWER · price
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CG Power has allotted 20,740 equity shares to eligible employees under its Employee Stock Option Plan 2021 on 8th May 2025. The shares have a face value of Rs. 2 each and were issued at an exercise price of Rs. 156.20 per share. This allotment increased the company's paid-up equity capital from Rs. 3,05,80,08,888 to Rs. 3,05,80,50,368, taking the total equity share count to 1,52,90,25,184 shares. The newly allotted shares will rank equally with existing equity shares in all respects.
This is a routine ESOP allotment with negligible dilution (about 0.001% increase in share count). No material impact on shareholders or stock price is expected from this small issuance.