Crompton Greaves Consumer Electricals Limited — QIP/Rights/Pref., 18-02-2025: Allotment of Securities

Crompton Greaves Consumer Electricals Limited has allotted 19,703 equity shares at an exercise price of ₹265.50 under the Employee Stock Option Plan 2016. As a result, the company's paid-up capital has increased to ₹1,28,75,37,350, with a total of 64,37,68,675 equity shares outstanding. This move supports employee incentives through equity ownership, potentially enhancing motivation and retention. The shares rank equally with existing ones, and there are no lock-in restrictions associated with this allotment.