ALPHA TRIBE

CG Power and Industrial Solutions LimitedQIP/Rights/Pref., 30-12-2024: Allotment of Securities

30-12-2024 | 04:39 pm

CG Power has allotted 12,500 equity shares under its Employee Stock Option Plan 2021 at an exercise price of ₹156.2 per share. This issuance increases the company's paid-up equity share capital to ₹3,05,75,13,888, comprising 1,52,87,56,944 equity shares of face value ₹2 each. The newly issued shares will have the same rights as existing shares. This allotment aims to incentivize and reward eligible employees, aligning their interests with the company's success.

No comments yet. Be the first to comment!

All announcements from CG Power and Industrial Solutions Limited