CreditAccess Grameen allots ESOP shares, CEO receives significant portion

CreditAccess Grameen Limited (CAGL) informed stock exchanges on November 19, 2025, about the allotment of 25,806 equity shares, each with a face value of Rs. 10, to 16 employees. This allotment was made under the CAGL Employees Stock Option Plan - 2011, following the exercise of options by the eligible employees.

Notably, Ganesh Narayanan, the company's managing director and CEO, was allotted 11,050 equity shares. The newly allotted ESOP shares will rank pari-passu with the existing equity shares of CreditAccess Grameen Limited in all respects, ensuring equal rights and privileges for the new shareholders.

This move indicates the company's ongoing commitment to its employee incentive programs, aligning employee interests with shareholder value creation. The intimation was sent to BSE Limited and the National Stock Exchange of India Limited for their records.