CarTrade Tech Limited has issued a corrigendum to its intimation dated March 13, 2026, regarding the allotment of 35,100 equity shares under various Employee Stock Option Plans (ESOPs). While the total number of shares was correct, the original filing inadvertently omitted the reference to the Employee Stock Option Plan 2015. This correction provides the accurate allocation details across ESOP 2010, ESOP 2011, ESOP 2015, and ESOP 2021 (I).
Correction to ESOP Allotment Disclosure
CarTrade Tech Limited submitted this corrigendum on March 19, 2026, to amend its initial filing from March 13, 2026. The original intimation detailed the allotment of 35,100 equity shares to employees under various Employee Stock Option Schemes.
The core purpose of this filing is to correct an inadvertent omission: the original document failed to reference the Employee Stock Option Plan 2015. The company confirms that the total number of shares allotted (35,100) remained accurate.
Scheme-Wise Allotment Details
The disclosure provides necessary clarifications for two specific plans, attaching Annexure I for ESOP 2015 and Annexure II for ESOP 2021 (I). Details for ESOP 2010 and ESOP 2011 remain as originally stated.
Key Details from Annexure I (ESOP 2015)
- Date of Issue: March 13, 2026
- Number of Shares Issued: 2,000
- Exercise Price: Varied, including Rs. 472.00/- and Rs. 462.00/- per share for the allotted quantity.
- Total Issued Shares Post-Issue: 47,874,935
Key Details from Annexure II (ESOP 2021 (I))
- Date of Issue: March 13, 2026
- Number of Shares Issued: 3,100
- Exercise Price: Varied, including Rs. 825.00/- and Rs. 644.03/- for 1,350 shares, and Rs. 815.00/- and Rs. 634.03/- for 1,750 shares.
- Total Issued Shares Post-Issue: 47,878,035
The company assures stakeholders that all newly issued equity shares will rank pari-passu with the existing equity shares upon allotment.
Source: BSE