Cartrade Tech Limited has informed the Exchange regarding 'Allotment of 15,050 equity shares under ESOP 2015 and ESOP 2021(I) of CarTrade Tech Limited ( the Company ).'.
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On July 2, 2025, CarTrade Tech allotted 15,050 equity shares (face value Rs. 10 each) to eligible employees upon exercise of stock options under its ESOP 2015 and ESOP 2021(I) schemes. Of these, 10,500 shares were issued under ESOP 2015 at exercise prices of Rs. 140 and Rs. 472, and 4,550 shares under ESOP 2021(I) at Rs. 825 and Rs. 644.03. As a result, the company's total issued shares rose from 4,74,79,035 to 4,74,94,085, and paid-up share capital increased from Rs. 47,47,90,350 to Rs. 47,49,40,850. The new shares rank pari-passu with existing equity shares and carry no lock-in. The company has explicitly stated that this allotment is not material in nature.
This is a routine ESOP allotment with negligible dilution (about 0.003% increase in share count), so it is unlikely to have any meaningful effect on the stock price or shareholder value.