CARE Ratings Limited has informed the Exchange regarding allotment of 1650 securities pursuant to ESOP/ESPS at its meeting held on March 06, 2026
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CARE Ratings Limited has allotted 1,650 equity shares of face value Rs.10 each to employees who exercised their stock options under the CARE Employee Stock Option Scheme 2020. The allotment was approved by the Nomination and Remuneration Committee at its meeting on March 6, 2026. Following this, the paid-up share capital has increased marginally from Rs. 30,04,53,630 (3,00,45,363 shares) to Rs. 30,04,70,130 (3,00,47,013 shares). This is a routine disclosure required under listing rules whenever employees exercise vested stock options.
The dilution is negligible (just 1,650 shares added to over 3 crore shares, roughly 0.005%) and is unlikely to have any meaningful effect on the stock price or shareholder value. This is a standard regulatory disclosure with no investment significance.