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CARE Ratings Expands Share Capital with Employee Stock Option Allotment

Story Highlights
  • CARE Ratings has allotted 16,066 shares to employees under its stock option scheme.
  • The allotment increases CARE Ratings’ paid-up share capital, enhancing employee incentives.
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CARE Ratings Expands Share Capital with Employee Stock Option Allotment

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CARE Ratings Ltd ( (IN:CARERATING) ) has shared an update.

CARE Ratings Limited has announced the allotment of 16,066 equity shares to its employees under the CARE Employee Stock Option Scheme 2020, following approval by the Nomination and Remuneration Committee. This allotment will increase the company’s paid-up share capital, reflecting its commitment to employee engagement and retention through stock-based incentives.

More about CARE Ratings Ltd

CARE Ratings Limited operates in the financial services industry, specializing in credit ratings and research services. The company focuses on providing reliable and independent credit ratings to various sectors, thereby aiding investors and stakeholders in making informed decisions.

Average Trading Volume: 6,790

Technical Sentiment Signal: Strong Buy

Current Market Cap: 49.97B INR

See more insights into CARERATING stock on TipRanks’ Stock Analysis page.

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