CG Power and Industrial Solutions on Friday allotted 33,000 shares of Rs 2 each to eligible employees at an exercise price of Rs 156.20 each. The stocks were allocated under the ESOP 2021 scheme.
These equity shares shall rank pari-passu with the existing equity shares of the Company in all respects.
Post the allotment the paid-up equity shares of the company increased to Rs 3,05,44,64,388 from earlier 3,05,43,98,388 consisting of 1,52,72,32,194 shares with a face value of Rs 2 each.
CG Power and Industrial Solutions shares
The shares of CG Power and Industrial Solutions on Friday closed at Rs 377, up by 0.68 per cent.