CARE Ratings Announces Allotment of 1,850 Equity Shares Under ESOP Scheme
CARE Ratings Ltd announced the allotment of 1,850 equity shares to its employees, following the approval from the Nomination and Remuneration Committee (NRC) of the Board of Directors. The allotment pertains to the exercise of employee options under the CARE Employee Stock Option Scheme 2020.With the allotment, the face value of each equity share is Rs.10/- and the shares are fully paid up.
The increase in the Paid-up Share Capital of CARE Ratings Ltd has been detailed as follows:
| Description | Previous Capital Details | New Capital Details |
|---|---|---|
| Paid-up Share Capital | Rs. 30,04,70,130/- | Rs. 30,04,88,630/- |
| Total Shares | 3,00,47,013 equity shares | 3,00,48,863 equity shares |
| Face Value Per Share | Rs. 10/- | Rs. 10/- |
These figures reflect the increase consequent to the allotment of 1,850 equity shares.
CARERATING Stock Price Movement
At the close of trade, CARE Ratings are edging higher by 1.86% to trade at ₹1530.4. The stock found support during the session, trading within an intraday range set between ₹1481 and ₹1540.7.Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.