Crompton Greaves Consumer Electricals Limited has informed the Exchange regarding allotment of 14233 securities pursuant to ESOP/ESPS at its meeting held on September 23, 2025
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Crompton Greaves Consumer Electricals has allotted 14,233 equity shares of face value Rs. 2 each to employees who exercised their stock options under the company's ESOP 2016 plan. The exercise price was Rs. 186.60 per share. With this allotment, the total paid-up equity share capital has risen from Rs. 1,28,78,01,284 to Rs. 1,28,78,29,750, with total shares going up from 64,39,00,642 to 64,39,14,875. This is a very small dilution of about 0.022% of the existing share base. The newly issued shares will rank equally with existing shares and there is no lock-in period.
This is a routine, small ESOP allotment with negligible dilution for existing shareholders and no material impact on stock price. It signals ongoing employee incentivisation but carries no investment significance.