CG Power and Industrial Solutions Limited has made an allotment of equity shares under its Employee Stock Option Plan 2021 (ESOP 2021).

Key Quantitative Figures

  • Number of shares allotted: 17,000 equity shares
  • Face value per share: ₹2
  • Exercise price per share: ₹610.10
  • Total exercise value: ₹1,03,71,700 (17,000 shares × ₹610.10)

Capital Structure Impact

The allotment has resulted in an increase in the company's paid-up equity share capital:

  • Pre-allotment paid-up capital: ₹315,09,48,018
  • Post-allotment paid-up capital: ₹315,09,82,018
  • Increase in capital: ₹34,000 (17,000 shares × ₹2 face value)

The total number of equity shares outstanding has increased to 157,54,91,009 equity shares of face value ₹2 each.

Share Characteristics

The newly allotted equity shares will rank pari-passu with the existing equity shares of the company in all respects.