Please find enclosed the disclosure regarding allotment of 1,000 equity shares pursuant to the Company''s ESOP Plan 2021 on 29th May, 2026.
CGPOWER · price
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CG Power and Industrial Solutions Limited has allotted 1,000 equity shares of Rs. 2/- each to an eligible employee who exercised stock options under the ESOP Plan 2021. The exercise price was Rs. 400.45 per share, which is significantly above the face value, indicating the options were in-the-money. As a result, the company's paid-up equity share capital increased marginally from Rs. 3,14,99,14,498 to Rs. 3,14,99,16,498. The total number of equity shares outstanding now stands at 1,57,49,58,249. This is a routine ESOP exercise and does not involve any fresh capital infusion from external investors.
The impact on shareholders is negligible as only 1,000 shares were issued, representing a minimal 0.0006% dilution. The stock price is unlikely to be materially affected by this routine employee stock option exercise.