CG Power Allots 15,500 Shares Under ESOP 2021; Paid-up Capital Rises
CG Power and Industrial Solutions Ltd announced the allotment of 15,500 equity shares under its Employee Stock Option Plan 2021 (ESOP 2021). The allotment took place on April 17, 2026.Under the ESOP 2021 scheme, the company allotted the shares to an eligible employee upon the exercise of granted stock options. The allotted shares are each of face value Rs. 2/- and were issued at an Exercise Price of Rs. 595.45 per share. The newly issued equity shares rank pari-passu with all existing equity shares of the company.
The allotment resulted in an increase in the paid-up equity share capital of the company.
| Metric | Previous Value | New Value |
|---|---|---|
| Paid-up Equity Capital | Rs. 3,14,98,42,498 | Rs. 3,14,98,73,498 |
| Total Equity Shares | 1,57,49,36,749 | 1,57,49,36,749* |
*The total paid-up equity share capital now comprises 1,57,49,36,749 equity shares of face value Rs. 2/- each.
CGPOWER Stock Price Movement
Today, CG Power and Industrial Solutions Limited shares edged higher, closing at ₹774.80 after gaining 2.41%. The stock saw significant activity today, executing a total volume of 4.14 million shares in trading.Source:
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