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CG Power and Industrial Solutions LimitedOthers, 18-04-2025: ESOP/ESOS/ESPS

18-04-2025 | 04:33 pm

CG Power and Industrial Solutions Limited has allotted 1,35,000 equity shares under its Employee Stock Option Plan 2021, enhancing the total paid-up equity share capital to ₹3,05,80,08,888. These shares were issued at an exercise price of ₹156.20 each, fully paid.

This move suggests a commitment to employee engagement and retention. The increase in share capital could positively affect investor sentiment, reflecting the company's growth strategy and a stable workforce. Overall, this development indicates a proactive approach to incentivizing employees, which may boost confidence among shareholders.

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