CG Power Allots 5,000 Shares Under ESOP 2021
CG Power and Industrial Solutions Limited has announced the allotment of 5,000 equity shares of face value Rs. 2 each, fully paid up, under its Employee Stock Option Plan 2021 (ESOP 2021). The allotme...
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Why is CG Power and Industrial Solutions Limited in the news today?
CG Power and Industrial Solutions Limited (CGPOWER) is in the news due to the announcement is a routine allotment of shares under an employee stock option plan, which does not significantly alter the company's financial standing or operational outlook.
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CG Power Allots 5,000 Shares Under ESOP 2021
December 23, 2025, 08:43 AM
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CG Power and Industrial Solutions Limited has announced the allotment of 5,000 equity shares of face value Rs. 2 each, fully paid up, under its Employee Stock Option Plan 2021 (ESOP 2021). The allotment was made on 23rd December 2025, at an exercise price of Rs. 156.20 per share to an eligible employee upon exercise of their stock options. These newly allotted shares will have the same rights and ranking as the existing equity shares of the company.
Following this allotment, the company's paid-up equity share capital has increased from Rs. 3,14,97,15,218 to Rs. 3,14,97,25,218. This comprises 1,57,48,62,609 equity shares, each with a face value of Rs. 2.
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