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CARE Ratings Transfers Equity Shares to Investor Protection Fund

Story Highlights
  • CARE Ratings Limited is a key player in providing credit ratings and risk management services.
  • The company is transferring equity shares to comply with regulatory obligations, impacting shareholder dynamics.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
CARE Ratings Transfers Equity Shares to Investor Protection Fund

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CARE Ratings Ltd ( (IN:CARERATING) ) has provided an announcement.

CARE Ratings Limited has announced the transfer of equity shares to the Investor Education and Protection Fund Authority, as required by the Companies Act, 2013. This move, communicated through newspaper advertisements and letters to shareholders, reflects the company’s compliance with regulatory obligations, potentially impacting shareholder dynamics and reinforcing its commitment to governance standards.

More about CARE Ratings Ltd

CARE Ratings Limited operates in the financial services industry, primarily focusing on providing credit ratings, research, and risk management services. The company is a significant player in the Indian market, known for its analytical expertise and comprehensive evaluation of creditworthiness across various sectors.

Average Trading Volume: 4,209

Technical Sentiment Signal: Buy

Current Market Cap: 46.89B INR

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

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