Crompton Greaves allots shares under ESOP 2016, increasing paid-up capital

Crompton Greaves Consumer Electricals Limited has allotted 14,233 equity shares, each with a face value of Rs. 2, under its Employee Stock Option Plan 2016 (ESOP 2016). The allotment was made on September 23, 2025, to grantees who exercised their options. The exercise price per share was Rs. 186.60, resulting in a premium of Rs. 184.60 per share.

This allotment has led to an increase in the company’s paid-up capital. The paid-up capital has risen from Rs. 1,28,78,01,284, representing 64,39,00,642 equity shares, to Rs. 1,28,78,29,750, now comprising 64,39,14,875 equity shares. The newly issued shares are identical in all respects to existing shares and rank pari-passu.

The company's shares are listed on both BSE Limited and the National Stock Exchange of India Limited. The in-principle approval for the ESOP 2016 was granted by BSE on February 14, 2017, and by NSE on February 10, 2017.