FilingReader Intelligence

CreditAccess Grameen allots shares under employee stock option plan

November 4, 2025 at 03:40 PM UTCBy FilingReader AI

CreditAccess Grameen Limited announced on November 04, 2025, the allotment of 41,537 equity shares. These shares, valued at Rs. 10/- each, were allotted to 17 employees who had exercised their options under the CAGL Employees Stock Option Plan - 2011. This decision was made by the Executive, Borrowings and Investment Committee of the Board of Directors at a meeting held on the same day.

The allotment was made in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The newly allotted ESOP shares will rank pari-passu with the existing equity shares of the company in all respects, ensuring equal rights and privileges for the new shareholders.

This move expands employee participation in the company's equity and aligns with long-term incentive strategies.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:CREDITACCBombay Stock Exchange

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