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CG Power & Industrial Solutions Ltd ( (IN:CGPOWER) ) has issued an update.
CG Power and Industrial Solutions Limited has allotted 5,000 fully paid equity shares of face value Rs 2 each under its Employee Stock Option Plan 2021 at an exercise price of Rs 156.20 per share to an eligible employee. Following this allotment, the company’s paid-up equity share capital has risen marginally from Rs 3,14,97,25,218 to Rs 3,14,97,35,218, comprising 1,57,48,67,609 equity shares, slightly expanding the equity base and reflecting ongoing use of stock options as part of its employee compensation strategy.
More about CG Power & Industrial Solutions Ltd
CG Power and Industrial Solutions Limited is an Indian industrial company that operates in the power and industrial solutions space, offering a range of electrical and engineering products and services. The company is listed on both BSE and NSE and serves domestic and international markets from its registered office in Mumbai.
Average Trading Volume: 170,910
Technical Sentiment Signal: Hold
Current Market Cap: 1020.1B INR
Learn more about CGPOWER stock on TipRanks’ Stock Analysis page.