Moneycontrol PRO
HomeNewsBusinessMarketsCG Power Allots 71,980 Equity Shares Under ESOP 2021

CG Power Allots 71,980 Equity Shares Under ESOP 2021

CG Power Allots 71,980 Equity Shares Under ESOP 2021

September 03, 2025 / 13:01 IST
Disclaimer This is an AI-assisted live blog with updates sourced from multiple news outlets and agencies Disclaimer
 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

CG Power and Industrial Solutions Limited has announced the allotment of 71,980 equity shares under the Employee Stock Option Plan 2021 (ESOP 2021) on September 3, 2025.

The allotment includes 30,320 equity shares at an exercise price of ₹400.45 per share and 41,660 equity shares at an exercise price of ₹305.55 per share to eligible employees under ESOP 2021.

Consequently, the paid-up equity share capital of the Company has increased from ₹3,14,92,06,858 to ₹3,14,93,50,818, comprising of 1,57,46,75,409 equity shares of face value of ₹2 each.

The company informed the exchanges about the allotment on September 3, 2025.

The equity shares rank pari-passu with the existing equity shares of the Company in all respects.

Sanjay Kumar Chowdhary, Company Secretary and Compliance Officer of CG Power and Industrial Solutions Limited, has requested the exchanges to take the above information on record.

Alpha Desk
first published: Sep 3, 2025 01:01 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347