FilingReader Intelligence

CG Power allots shares under ESOP 2021, boosting equity capital

September 23, 2025 at 07:09 AM UTCBy FilingReader AI

CG Power and Industrial Solutions Limited has allotted 15,800 equity shares to eligible employees under its Employee Stock Option Plan 2021 (ESOP 2021). The allotment, which occurred on September 23, 2025, involved shares with a face value of Rs. 2/- each, fully paid up, at an exercise price of Rs. 635.10 per share. These newly allotted shares will rank pari-passu with the company’s existing equity shares.

This issuance has led to an increase in the company's paid-up equity share capital. The capital has risen from Rs. 3,14,93,62,018 to Rs. 3,14,93,93,618. This updated figure comprises 1,57,46,96,809 equity shares, each maintaining a face value of Rs. 2/-.

The announcement was made by Sanjay Kumar Chowdhary, company secretary and compliance officer, and addressed to both the BSE Limited and the National Stock Exchange of India Ltd.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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