CREDITACCNSECREDITACCESS GRAMEEN LIMITEDLowNeutral
Announced Wed, 18 Jun · 17:59 IST

CREDITACCESS GRAMEEN LIMITED has informed the Exchange regarding Allotment of 1400 Shares.

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

CreditAccess Grameen Limited has allotted 1,400 equity shares of face value Rs. 10 each to 4 employees who exercised their stock options under the company's Employee Stock Option Plan (ESOP) 2011. The allotment was approved by the Executive, Borrowings and Investment Committee of the Board on June 18, 2025. The newly allotted shares will rank equally with the existing equity shares of the company. This is a routine disclosure under SEBI listing regulations regarding ESOP allotments.

Likely market impact

This is a minor, routine ESOP allotment with negligible impact on shareholding structure or stock price. The dilution from 1,400 shares is immaterial relative to the company's total share base.