Cartrade Tech Limited has informed the Exchange regarding Corrigendum to the intimation filed for Allotment of 35,100 equity shares under ESOP 2010, ESOP 2011, ESOP 2015 and ESOP 2021(I) of CarTrade Tech Limited dated March 13, 2026

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₹1641.50

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AI summary

CarTrade Tech has filed a corrigendum to its March 13, 2026 intimation on the allotment of 35,100 equity shares under multiple Employee Stock Option Plans. The original filing had inadvertently omitted the reference to ESOP 2015; the share counts were correct, only the scheme reference was missed. The corrigendum now provides full SEBI-mandated disclosures for ESOP 2015 (2,000 shares at Rs. 472 exercise price) and ESOP 2021(I) (3,100 shares at Rs. 825 and Rs. 644.03). All shares were issued on March 13, 2026, and rank equally with existing equity shares with no lock-in. The company's issued share capital after this allotment stands at around Rs. 47.88 crore (4,78,78,035 shares of Rs. 10 face value).

Likely market impact

This is a routine administrative correction with no change to the actual share allotment or shareholder economics. The dilution from 35,100 ESOP shares is negligible and unlikely to have any meaningful impact on the stock price or existing shareholders.