CG Power and Industrial Solutions Limited — QIP/Rights/Pref., 30-12-2024: Allotment of Securities
30-12-2024 | 04:39 pm
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.
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