CarTrade Tech Limited Allots 50,000 Equity Shares Under ESOP 2011
CarTrade Tech Limited reported the allotment of 50,000 equity shares under the Employee Stock Option Plan 2011 (ESOP 2011). The allotment was approved by the Board of Directors via a circular resolution on April 09, 2026.The equity shares have a face value of Rs. 10/- (Rupees Ten Only) each and were allotted to eligible employees pursuant to the exercise of vested options under the ESOP 2011.
The company's paid-up share capital was updated following this allotment. Prior to the issuance, the paid-up share capital stood at Rs. 47,87,80,350/- (Rupees Forty Seven Crores Eighty Seven Lakhs Eighty Thousand Three Hundred and Fifty only), comprising 4,78,78,035 equity shares. Post-allotment, the paid-up share capital increased to Rs. 47,92,80,350/- (Rupees Forty Seven Crores Ninety Two Lakhs Eighty Thousand Three Hundred and Fifty only), which consists of 4,79,28,035 equity shares of face value of Rs. 10/- (Rupees Ten Only) each.
The details of the shares allotted through ESOP 2011 are provided in the following table.
| Particulars | Disclosure - ESOP 2011 |
|---|---|
| Company name and address of Registered Office | CarTrade Tech Limited, 12 th Floor Vishwaroop IT Park, Sector 30A, Vashi, Navi Mumbai 400705 |
| Name of the Stock Exchanges on which the company's shares are listed | BSE Limited (BSE); and National Stock Exchange of India Limited (NSE) |
| Title of the Scheme pursuant to which shares are issued | Employee Stock Option Plan 2011 |
| Kind of security to be listed | Equity shares |
| Par value of the shares | Rs. 10/- (Rupees Ten Only) |
| Date of issue of shares | April 09, 2026 |
| Number of shares issued | 50,000 |
| Distinctive number of the share, if applicable | 4,78,78,036 - 4,79,28,035 |
| ISIN Number of the shares if issued in Demat | INE290S01011 |
| Exercise price per share | Rs. 34.00/- (Rupees Thirty four only) for 50,000 equity shares |
| Total Issued shares after this issue | 4,79,28,035 |
| Total Issued share capital after this issue | Rs. 47,92,80,350 /- (Rupees Forty Seven Crores Ninety Two Lakhs Eighty Thousand Three Hundred and Fifty only) |
The allotment pertains to 50,000 equity shares, for which the exercise price was Rs. 34.00/- (Rupees Thirty four only) per share, and the premium was Rs. 24.00/- (Rupees Twenty four only) per share. The company confirmed that all equity shares issued pursuant to the exercise of stock options will rank pari passu with existing equity shares.
CARTRADE Stock Price Movement
Cartrade Tech Limited shares today slipped by 3.02% to settle at ₹1816.2. The stock concluded the session amidst 199,902 shares traded.Source:
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