CreditAccess Grameen Ltd Allots 6,800 Equity Shares Under Employee Stock Option Plan

CreditAccess Grameen Ltd Allots 6,800 Equity Shares Under Employee Stock Option Plan​

CreditAccess Grameen Ltd announced the allotment of 6,800 Equity shares of ₹10/- each to four employees. The shares were allotted following the exercise of 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 confirmed that the allotted ESOP shares will rank pari-passu with the existing Equity Shares of the company in all respects.

CREDITACC Stock Price Movement​

As of 11:17 AM, shares of CREDITACCESS GRAMEEN LIMITED are edging higher to ₹1283.9, having gained 2.40% in live trading today. The stock sees strong buying interest, trading on 72,655 shares as the market continues to climb in the microfinance sector.

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