News ArticleCG Power Allots 17,000 Equity Shares Under ESOP 2021, Increasing Paid-Up Equity Capital to Rs. 315.09 Crore
Shares allotted on November 3, 2026, at Rs. 610.10 each, ranking equally with existing shares
CG Power and Industrial Solutions Limited allotted 17,000 equity shares at an exercise price of Rs. 610.10 under its Employee Stock Option Plan 2021 on November 3, 2026. This issuance raises the company's paid-up equity capital from Rs. 315.09 crore to Rs. 315.09 crore, comprising 157.54 crore equity shares with a face value of Rs. 2 each. The new shares rank pari-passu with existing shares in all respects.
CG Power and Industrial Solutions Limited
Corporate Action
CG Power and Industrial Solutions Limited allotted 17,000 fully paid equity shares on November 3, 2026, under its Employee Stock Option Plan 2021 at an exercise price of Rs. 610.10 per share. This allotment increases the company's paid-up equity capital to Rs. 315,09,82,018.
The equity shares allotted have a face value of Rs. 2 each and rank pari-passu with the existing equity shares in all respects.
Prior to this allotment, the paid-up equity capital was Rs. 315,09,48,018, comprising 157,54,91,009 equity shares.
The shares were allotted to eligible employees who exercised their stock options as per the ESOP 2021 scheme.
Highlights
- 17,000 equity shares allotted under ESOP 2021
- Exercise price fixed at Rs. 610.10 per share
- Increase in paid-up equity capital from Rs. 315,09,48,018 to Rs. 315,09,82,018
- Total equity shares after allotment stand at 157,54,91,009
- Shares are fully paid and have equal ranking with existing equity shares
Key Data Snapshot
What happened
- CG Power allotted 17,000 equity shares under its Employee Stock Option Plan 2021 on November 3, 2026.
- The shares were allotted at an exercise price of Rs. 610.10 per share to eligible employees exercising their stock options.
Key details
- Each equity share has a face value of Rs. 2 and is fully paid up.
- The newly allotted shares rank pari-passu with existing equity shares in all respects.
- Paid-up equity share capital increased from Rs. 315,09,48,018 to Rs. 315,09,82,018.
- Total equity shares outstanding post-allotment are 157,54,91,009.
Regulatory and governance context
- The allotment complies with the company's Employee Stock Option Plan 2021 terms.
- Disclosure made to BSE and NSE as per listing obligations.
Highlights
- 17,000 equity shares allotted under ESOP 2021
- Exercise price fixed at Rs. 610.10 per share
- Increase in paid-up equity capital from Rs. 315,09,48,018 to Rs. 315,09,82,018
- Total equity shares after allotment stand at 157,54,91,009
- Shares are fully paid and have equal ranking with existing equity shares
Disclosures
- Employee Stock Option Plan 2021
- Listing Obligations and Disclosure Requirements
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