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CG Power & Industrial Solutions Ltd ( (IN:CGPOWER) ) has provided an update.
CG Power & Industrial Solutions Ltd has announced the allotment of 40,000 equity shares under its Employee Stock Option Plan 2021. This move increases the company’s paid-up equity share capital, reflecting its commitment to rewarding and retaining talent through stock options, which may enhance employee motivation and align their interests with corporate goals.
More about CG Power & Industrial Solutions Ltd
CG Power & Industrial Solutions Ltd operates in the industrial sector, focusing on manufacturing electrical equipment such as transformers, switchgear, and motors. The company serves a variety of markets, including power generation, transmission, and distribution, as well as industrial and consumer sectors.
Average Trading Volume: 169,563
Technical Sentiment Signal: Hold
Current Market Cap: 1052.6B INR
For a thorough assessment of CGPOWER stock, go to TipRanks’ Stock Analysis page.