CG Power and Industrial Solutions Limited announced on 3 September 2025 the allotment of shares under its Employee Stock Option Plan 2021 (ESOP 2021). This allotment marks another step in the company’s strategy to reward employees while strengthening its equity base.
A total of 71,980 equity shares of face value ₹2 each have been issued, fully paid up. Of these, 30,320 shares were allotted at an exercise price of ₹400.45 per share, while 41,660 shares were issued at an exercise price of ₹305.55 per share.
The allotment has been made in favour of an eligible employee under the ESOP 2021. The company confirmed that the newly issued equity shares will rank pari-passu with its existing equity shares in all respects.
With this issuance, the company’s paid-up equity share capital has increased from ₹3,14,92,06,858 to ₹3,14,93,50,818, comprising 1,57,46,75,409 equity shares of face value ₹2 each.
Founded over eight decades ago, CG Power and Industrial Solutions Limited is a leading Indian player in industrial equipment and electrical engineering. The company has a diversified portfolio covering power systems, industrial systems, and automation solutions. With a strong presence in both domestic and international markets, CG Power continues to invest in innovation and human capital, reinforcing its role as a trusted partner in India’s industrial growth story.
Read More: 1:10 Bonus Share: Welcure Drugs Signs LOI with Telexcell for 25% Equity Investment at ₹20 Per Share!
As of September 4, 2025, at 1:41 PM, CG Power & Industrial Solutions share price is trading at ₹744.55 per share, reflecting a gain of 1.53% from the previous closing price. Over the past month, the stock has gained by 12.43%.
By issuing equity shares under the ESOP 2021, CG Power not only rewards employee contribution but also reinforces its commitment to aligning staff incentives with shareholder value. The updated capital structure reflects the company’s growth trajectory as it continues to expand its footprint across the power and industrial solutions sector.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Sep 4, 2025, 2:21 PM IST
Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates