CG Power and Industrial Solutions Limited — QIP/Rights/Pref., 17-01-2025: Allotment of Securities

CG Power and Industrial Solutions has allotted 67,500 equity shares under its Employee Stock Option Plan 2021, with an exercise price of Rs. 156.2 per share. This move increases the paid-up equity share capital from Rs. 305.75 crore to Rs. 305.76 crore, comprising 152.88 crore equity shares of face value Rs. 2 each. The newly allotted shares are fully paid and will rank equally with existing shares, reflecting the company's commitment to incentivizing its employees through equity participation.