September 22nd 2023.
Crompton Greaves Consumer Electricals Limited announced on Friday that 59,975 equity shares of Rs 2 each have been allotted to those who have exercised their options under the Company's Employee Stock Option Plan 2016. The company made this announcement through an exchange filing.
The face value of the equity shares is Rs 2 each. The paid-up capital of the Company has increased from 1,28,01,95,488 divided into 64,00,97,744 number of equity shares of face value Rs 2 each to 1,28,03,15,438 divided into 64,01,57,719 number of equity shares of face value Rs 2 each. All the said equity shares will rank pari passu with the existing equity shares of the Company.
At 11:25 am IST, the shares of Crompton Greaves Consumer Electricals Limited were trading at Rs 298.40, down by 0.80 percent. The company has also secured an order for solar pumps under the Prime Minister's Kusum Scheme. The aim of the scheme is to promote the use of solar energy for agricultural activities.
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