News Corporate Actions CG Power Allots 6,000 Equity Shares Under Employee Stock Option Plan 2021CG Power Allots 6,000 Equity Shares Under Employee Stock Option Plan 2021
CG Power and Industrial Solutions Limited allotted 6,000 equity shares under its Employee Stock Option Plan 2021 on February 24, 2026. The allotment included 4,000 shares at Rs. 156.20 per share and 2,000 shares at Rs. 595.45 per share to eligible employees. This increased the company's paid-up share capital from Rs. 3,14,98,05,218 to Rs. 3,14,98,17,218, with total equity shares reaching 1,57,49,08,609 of Rs. 2.00 face value each.
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CG Power & Industrial Solutions Limited has completed the allotment of 6,000 equity shares under its Employee Stock Option Plan 2021 to eligible employees. The allotment was executed on February 24, 2026, following the exercise of stock options granted under the ESOP 2021 scheme.
Allotment Details
The share allotment was structured across two different exercise price categories for the eligible employees:
| Share Category | Number of Shares | Exercise Price per Share |
|---|---|---|
| Category 1 | 4,000 | Rs. 156.20 |
| Category 2 | 2,000 | Rs. 595.45 |
| Total | 6,000 | Variable |
All allotted equity shares carry a face value of Rs. 2.00 each and are fully paid up. These newly issued shares will rank pari-passu with the existing equity shares of the company in all respects, ensuring equal rights and privileges for all shareholders.
Impact on Share Capital
The allotment has resulted in an increase in the company's paid-up equity share capital structure:
| Parameter | Before Allotment | After Allotment |
|---|---|---|
| Paid-up Share Capital | Rs. 3,14,98,05,218 | Rs. 3,14,98,17,218 |
| Total Equity Shares | 1,57,49,02,609 | 1,57,49,08,609 |
| Face Value per Share | Rs. 2.00 | Rs. 2.00 |
The increase of Rs. 12,000 in paid-up share capital reflects the addition of 6,000 new equity shares at the face value of Rs. 2.00 each.
Regulatory Compliance
CG Power and Industrial Solutions Limited has informed both the Bombay Stock Exchange and National Stock Exchange of India about this allotment under Regulation 30 of the listing requirements. The company's shares are traded on BSE under scrip code 500093 and on NSE under the symbol CGPOWER.
The Employee Stock Option Plan 2021 represents the company's commitment to employee participation in its growth story, allowing eligible employees to acquire equity stakes at predetermined exercise prices based on their grant terms.
Historical Stock Returns for CG Power & Industrial Solutions
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.56% | +5.19% | +31.94% | +6.57% | +20.25% | +1,163.30% |
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