CARE Ratings Limited has informed the Exchange regarding Grant of 18000 Options.
CARERATING · price
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CARE Ratings announced two key developments on May 4, 2026. First, the Nomination and Remuneration Committee approved allotment of 300 equity shares of Rs. 10 each to employees who exercised their options under the CARE Employee Stock Option Scheme 2020. This increased the company's paid-up capital from Rs. 30,04,88,630 to Rs. 30,04,91,630. Second, the NRC approved a fresh grant of 18,000 stock options to eligible employees at an exercise price of Rs. 1,590 per share. These options vest over three years in equal tranches (1/3 each year) and can be exercised within two years of vesting. The scheme complies with SEBI's Share Based Employee Benefits and Sweat Equity Regulations, 2021.
The immediate dilution from the 300 allotted shares is minimal at under 0.001%. However, the 18,000 new options represent potential future dilution for existing shareholders. The ESOP scheme also aligns employee interests with shareholders, which could positively impact company performance.