PG Electroplast has announced the allotment of 2,44,250 equity shares under its Employees Stock Option Scheme – 2020. This decision was approved by the Nomination & Remuneration Committee on 20 April 2026. The shares, each with a face value of ₹1, were allotted to the ‘PG Electroplast Limited Employees Welfare Trust’.
Following this allotment, the company’s paid-up equity share capital has increased from ₹28,53,42,658 to ₹28,55,86,908. This change reflects a rise in the total number of equity shares from 28,53,42,658 to 28,55,86,908, each maintaining a face value of ₹1.
This development is in line with PG Electroplast‘s ongoing initiatives to enhance employee engagement and reward its workforce through stock options.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).