CreditAccess Grameen Ltd Allots 11,648 Equity Shares Under Employees Stock Option Plan

CreditAccess Grameen Ltd Allots 11,648 Equity Shares Under Employees Stock Option Plan​

CreditAccess Grameen Ltd announced the allotment of equity shares to employees who exercised their options under the CAGL Employees Stock Option Plan - 2011. The allotment was executed by the Executive, Borrowings and Investment Committee of the Board of Directors.

The company allotted 11,648 Equity shares, with each share valued at ₹10/-. These allotments were made to six employees.

As part of this equity transaction, it is confirmed that the allocated ESOP shares will rank pari-passu with the existing Equity Shares of CreditAccess Grameen Limited in all respects.

CREDITACC Stock Price Movement​

Shares of CREDITACCESS GRAMEEN LIMITED slipped by 2.68% to settle at ₹1370.8 as trading concluded today. The stock saw heavy activity, with a total traded volume recorded at 101,112 shares.

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