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CG Power and Industrial Solutions informs about allotment of ESOP

01 Aug 2024 Evaluate
CG Power and Industrial Solutions has informed that pursuant to ESOP 2021, the Company has on 1st August, 2024 allotted 41,000 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 3,05,67,40,188 to Rs 3,05,68,22,188 comprising of 1,52,84,11,094 equity shares of face value of Rs 2 each.

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

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