News ArticleCarTrade Tech Allots 1,000 Shares Under ESOP 2021(I), Raises Paid-Up Capital to Rs. 48.61 Crores
Shares issued at Rs. 644.03 each on October 28, 2026, increasing total equity shares to 4,86,15,885
CarTrade Tech Limited allotted 1,000 equity shares to an eligible employee under its ESOP 2021(I) scheme at an exercise price of Rs. 644.03 per share, increasing its paid-up share capital to Rs. 48,61,58,850. The shares rank pari-passu with existing shares and were issued on October 28, 2026.
CarTrade Tech Limited
Corporate Action
CarTrade Tech Limited allotted 1,000 equity shares to an eligible employee on October 28, 2026, under its Employee Stock Option Plan 2021(I), raising its paid-up share capital to Rs. 48,61,58,850.
The shares allotted under the ESOP 2021(I) have a face value of Rs. 10 each and were issued at an exercise price of Rs. 644.03, including a premium of Rs. 634.03 per share.
Following this allotment, the company’s paid-up capital increased from Rs. 48,61,48,850 to Rs. 48,61,58,850 comprising 4,86,15,885 equity shares in total.
The allotment pertains to vested options exercised by an eligible employee as per the company’s ESOP 2021(I) scheme, and the allotted shares rank equally with existing shares.
CarTrade Tech clarified the allotment is not material in nature to the company and listed shares remain on BSE and NSE exchanges.
There are no lock-in restrictions on the newly allotted shares, and they carry the ISIN number INE290S01011.
Highlights
- 1,000 equity shares allotted on October 28, 2026, under ESOP 2021(I)
- Exercise price per share set at Rs. 644.03 including Rs. 634.03 premium
- Paid-up share capital increased to Rs. 48,61,58,850 from Rs. 48,61,48,850
- Total equity shares outstanding now 4,86,15,885
- Shares rank pari-passu with existing equity shares
- No lock-in period applicable for new shares
Key Data Snapshot
What happened
- CarTrade Tech allotted 1,000 equity shares to an eligible employee under its ESOP 2021(I) scheme on October 28, 2026.
- The shares were issued on exercise of vested employee stock options.
- The exercise price was Rs. 644.03 per share, which includes a premium of Rs. 634.03.
Key details
- Shares allotted have a face value of Rs. 10 each.
- Total paid-up capital increased from Rs. 48,61,48,850 to Rs. 48,61,58,850.
- Total shares outstanding increased from 4,86,14,885 to 4,86,15,885 shares.
- All shares rank pari-passu, with no differences in rights or restrictions.
- The shares are listed on BSE and NSE exchanges.
- No lock-in period applies to these shares.
Regulatory and governance context
- Allotment complies with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
- The disclosure is made pursuant to Regulation 10(c) of SEBI Share Based Employee Benefits and Sweat Equity Regulations, 2021.
- Filing dates for the original ESOP plan were April 12, 2023 with both BSE and NSE.
Highlights
- 1,000 equity shares allotted on October 28, 2026, under ESOP 2021(I)
- Exercise price per share set at Rs. 644.03 including Rs. 634.03 premium
- Paid-up share capital increased to Rs. 48,61,58,850 from Rs. 48,61,48,850
- Total equity shares outstanding now 4,86,15,885
- Shares rank pari-passu with existing equity shares
- No lock-in period applicable for new shares
Disclosures
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021
More News on Corporate Action
View allLatest corporate announcements and market updates in Corporate Action.
Welspun Corp Board Approves USD 115 Million USA Plant Expansion and USD 125 Million Jordan JV for Pipe Manufacturing
On October 29, 2026, Welspun Corp Limited's Board approved key strategic investments including a USD 115 million capex to increase spiral (HSAW) pipe manufacturing capacity in Little Rock, Arkansas, and a USD 125 million joint venture with Perma-Pipe to set up pipe manufacturing and advanced coating facilities in Jordan. The Board also approved the re-appointment of two independent directors and a 49% stake acquisition in Welspun Special Coating Private Limited to enter the IFBE coating business in India.
Read Full Story
Asian Paints Declares Rs. 5.75 Interim Dividend and Releases Q2 & H1 FY2026-27 Financial Results
Asian Paints Limited announced its financial results for the quarter and half year ended 30th September 2026 and declared an interim dividend of Rs. 5.75 per equity share for the fiscal year ending 31st March 2027.
Read Full Story
R R Kabel Limited Declares Interim Dividend of ₹6.5 Per Equity Share for 2026-27
R R Kabel Limited announced an interim dividend of ₹6.5 per equity share of face value ₹5 for the financial year 2026-27, with the record date set as November 3, 2026.
Read Full Story
