Cartrade Tech Files Corrigendum for ESOP Share Allotment
CarTrade Tech Limited filed a corrigendum regarding ESOP share allotment. The correction clarifies the omission of ESOP 2015 in a previous filing. A total of 35,100 equity shares were allotted under various ESOP schemes.
This is a routine regulatory filing to correct a minor omission in a previous disclosure related to ESOP allotments. It does not introduce new material information that would significantly impact the company's valuation or operations.
The announcement is a corrigendum to a previous filing, correcting an inadvertent omission. It does not contain new financial information or significantly alter the company's business outlook.
CarTrade Tech Limited has filed a corrigendum to its earlier intimation dated March 13, 2026, regarding the allotment of equity shares under its Employee Stock Option Plans (ESOPs). The original intimation had inadvertently omitted a reference to the Employee Stock Option Plan 2015.
This corrigendum aims to provide accurate details of the ESOP schemes under which 35,100 equity shares were allotted. While the number of shares remains the same, the correction clarifies the specific ESOP plans involved, including ESOP 2010, ESOP 2011, ESOP 2015, and ESOP 2021(I), in compliance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
Annexure I details the allotment of 2,000 equity shares under ESOP 2015, issued on March 13, 2026, with an exercise price of ₹472.00 per share and a premium of ₹462.00 per share. Annexure II provides details for ESOP 2021(I), where 3,100 equity shares were issued on the same date, with exercise prices of ₹825.00 and ₹644.03 per share, and corresponding premiums of ₹815.00 and ₹634.03 per share.
The company has also stated that all equity shares issued pursuant to the exercise of stock options will rank pari passu with the existing equity shares of the Company. This updated information will be available on the company's website.
What to do with a filing like this
Cartrade Tech Limited filed this with the NSE as a statutory disclosure, categorised under designated person disclosures. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Cartrade Tech Limited. Read the original for the full detail.