CG Power and Industrial Solutions Ltd allots 15,500 ESOP shares

$CGPOWER with the company allotting 15,500 equity shares under ESOP 2021 at Rs 595.45 per share, increasing paid-up capital to Rs 3,14,98,73,498 comprising 1,57,49,36,749 equity shares. CG Power Sees Rs 25.81 Cr NSE Block Trade, with the company executing a significant block trade on NSE worth Rs 25.81 crores involving 340,213 shares at Rs 758.50 per share, indicating substantial institutional activity. CG Power's wholly owned subsidiary Axiro Semiconductor has invested in EdgeCortix, a fabless semiconductor company specializing in energy-efficient AI processing at the edge, alongside MPower Partners, demonstrating the company's strategic investment in semiconductor technology.