Announced Thu, 7 Aug · 19:16 IST
CREDITACCESS GRAMEEN LIMITED has informed the Exchange regarding Allotment of 45725 Shares.
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CREDITACC · price
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Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
CreditAccess Grameen Limited has allotted 45,725 equity shares of Rs. 10 each to 11 employees under its Employees Stock Option Plan (CAGL ESOP 2011). The allotment was approved by the Executive, Borrowings & Investment Committee on August 7, 2025. Among the recipients is Mr. Udaya Kumar Hebbar, the Former Managing Director. The newly allotted shares will rank equally with existing equity shares.
Likely market impact
This is a routine ESOP allotment and represents a minor dilution (~0.007% based on typical share base). No material impact on shareholders or stock price is expected.