CG Power and Industrial Solutions informs about allotment of equity shares under ESOP

17 Oct 2023 Evaluate

CG Power and Industrial Solutions has informed that pursuant to ESOP 2021, the Company has on 16th October 2023 allotted 15,000 equity shares of Rs 2 each, fully paid up, at an Exercise Price of Rs 156.20 to the eligible employee under ESOP 2021 on exercise of the stock options granted. These equity shares shall rank 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 3,05,45,12,188 to Rs 3,05,45,42,188 comprising of 1,52,72,71,094 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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