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CG Power and Industrial Solutions informs about allotment under ESOP

04 Mar 2024 Evaluate
CG Power and Industrial Solutions has informed that pursuant to ESOP 2021, the Company has on 4th March, 2024 allotted 30,620 equity shares of Rs 2 each, fully paid up, at an Exercise Price of Rs 156.20 per share to the eligible employee under ESOP 2021 on exercise of the stock options granted. These equity shares shall rank pari-passu with the existing equity shares of the Company in all respects. Consequently on allotment of the above equity shares, the paid-up equity share capital of the Company stands increased from Rs 3,05,46,05,188 to Rs 3,05,46,66,428 comprising of 1,52,73,33,214 equity shares of face value of Rs 2 each.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Waaree Energies 2392.45
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Havells India 1061.00
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Siemens 3823.75
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