CarTrade Tech Limited Allocates 185,500 Shares Through Two ESOP Schemes
CarTrade Tech Limited has announced the allotment of 185,500 equity shares to eligible employees under its Employee Stock Option Plan 2015 and Employee Stock Option Plan 2021(I). The allotment resulted in an increase in the Company's paid-up share capital.The Board of Directors approved the distribution of these shares on August 07, 2026, pursuant to the exercise of vested options under both schemes. This transaction follows the earlier establishment of the plans for employee benefits.
The allotment details cover two specific Employee Stock Option Plans:
Share Allotment Details by ESOP Scheme
ESOP 2015The Company allotted 25,000 equity shares under the Employee Stock Option Plan 2015. These shares were issued on August 07, 2026, and the shares carried a face value of Rs. 10/-. The exercise price for these 25,000 equity shares was set at Rs. 472.00/-, with a premium per share of Rs. 462.00/-.
ESOP 2021(I)
For the Employee Stock Option Plan 2021(I), CarTrade Tech Limited allotted 1,60,500 equity shares on August 07, 2026. This allotment reflects a range of exercise prices across different tranches within the plan.
Details regarding the shares issued under each scheme are summarized below:
| Feature | ESOP 2015 Details (25,000 Shares) | ESOP 2021(I) Details (1,60,500 Shares) |
|---|---|---|
| Date of Issue | August 07, 2026 | August 07, 2026 |
| Face Value per Share | Rs. 10/- | Rs. 10/- |
| Exercise Price Range | Rs. 472.00/- | Rs. 825.00/-, Rs. 573.30/-, Rs. 644.03/- |
| Premium per Share Range | Rs. 462.00/- | Rs. 815.00/-, Rs. 563.30/-, Rs. 634.03/- |
Financial Impact on Capital Structure
The allotment of these shares has led to a resulting increase in the Company's capital structure. The paid-up share capital of CarTrade Tech Limited increased from Rs. 48,32,65,350 /- (Rupees Forty Eight Crores Thirty Two Lakhs Sixty Five Thousand Three Hundred and Fifty only), which consisted of 4,83,26,535 equity shares of face value Rs. 10/- each.Following the allotment, the paid-up share capital stands at Rs. 48,51,20,350 /- (Rupees Forty Eight Crores Fifty One Lakhs Twenty Thousand Three Hundred and Fifty only), which now encompasses 4,85,12,035 equity shares of face value Rs. 10/- each.
CARTRADE Stock Price Movement
On Friday, Cartrade Tech Limited saw its stock value rise slightly as it closed at ₹2793, marking a 0.02% gain for the equity. The shares traded briskly in the session, with 219,164 shares being exchanged during the day.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.
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