Crompton Greaves Consumer Electricals Limited on Tuesday allocated 50,645 shares worth Rs 1,01,290 to employees as stock options, the company announced through an exchange filing. The shares worth Rs 2 each were allotted under the company's Employee Stock Option Scheme-2016.
Post the allotment the paid-up capital of the company increased to Rs 1,27,22,19,438 consisting of 63,61,09,719 shares worth Rs 2 each.
Crompton on March 26 allotted shares worth Rs 1,45 lakh to employees as stock options.
Crompton shares
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The shares of Crompton Greaves Consumer Electricals Limited on Tuesday closed at Rs 296.70, up by 0.25 per cent.
