CG Power & Industrial Solutions allots 1.79 lakh equity shares under ESOP – Business Standard

CG Power & Industrial Solutions has recently allotted 1.79 lakh equity shares under its Employee Stock Ownership Plan (ESOP). This move aims to further strengthen the company’s employee ownership structure. The allocation of shares under ESOP is a common practice among companies to reward and retain employees by offering them ownership in the company. This step not only motivates employees but also aligns their interests with the company’s growth and success. CG Power & Industrial Solutions’ decision to allot equity shares under ESOP reflects its commitment towards fostering a culture of employee ownership and empowerment within the organization.