CARE Ratings allots shares, grants new stock options under ESOP 2020

On November 8, 2025, CARE Ratings' nomination and remuneration committee approved the allotment of 6,283 fully paid-up equity shares, each with a face value of Rs.10, to employees exercising options under the CARE Employee Stock Option Scheme 2020. This action increases the company's paid-up share capital from Rs.30,00,70,800 (comprising 3,00,07,080 equity shares) to Rs.30,01,33,630 (comprising 3,00,13,363 equity shares).

Concurrently, the NRC granted 27,000 new stock options to eligible employees under the same scheme. These options have an exercise price of Rs.1567. The vesting schedule is one-third upon completion of each of the first, second, and third years from the grant date, with an exercise period of two years from the date of vesting.