CARERATINGNSECARE Ratings Limited· FinanceLowNeutral
Announced Wed, 13 May · 21:10 IST

CARE Ratings Limited has informed the Exchange regarding 'Date of Annual General Meeting of the Company'.

Board & Shareholder Meetings View source PDF

CARERATING · price

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Price reaction · full curve 14 horizons · vs prior close
+13.0%1-day move
₹1595.00
prior close
₹1700.10
base price
After-mkt
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+3.9+2.2+0.8+1.3+13.0+8.4+10.7+8.0+7.6+6.6+0.6+3.4+3.9
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AI summary

CARE Ratings' Board approved audited FY2026 results showing strong growth: consolidated revenue rose 17.6% to Rs 47,307.05 lakhs and net profit increased 24.1% to Rs 17,369.59 lakhs. Standalone net profit stood at Rs 17,439.23 lakhs. Auditors B S R & Co. LLP issued unmodified opinions on both standalone and consolidated results. The Board recommended a final dividend of Rs 14 per share, bringing total FY2026 dividend to Rs 22 per share (including Rs 8 interim paid in Q2). Record date is June 26, 2026. The 33rd AGM is scheduled for July 3, 2026 via VC. Additionally, 55,000 stock options were granted to employees at Rs 1,590 exercise price with 3-year vesting. The company also noted that discussions regarding sale of partial stake in CareEdge Global IFSC Limited to SBI and NSE IFSC Limited are taking longer than anticipated and negotiations continue.

Likely market impact

Strong financial performance with 24%+ profit growth and 22 Rs per share total dividend signals healthy returns for shareholders. The AGM scheduled for early July will formalise key decisions including dividend and auditor reappointment.