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CARE Ratings LimitedOthers, 13-02-2025: ESOP/ESOS/ESPS

13-02-2025 | 06:42 pm

CARE Ratings Limited has announced a board meeting regarding the allotment of 1,200 equity shares under the CARE Employee Stock Option Scheme 2020. This will increase the paid-up share capital from ₹29.91 crore (cr) to ₹29.91 crore (cr), with the total number of equity shares rising to 2,99,18,814.

This update underscores the company’s commitment to employee engagement and retention through equity participation. Investors might see this as a positive outlook, reflecting management's strategy to align employee interests with shareholder value, although it also slightly dilutes existing shares.

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