CreditAccess Grameen Limited has made a regulatory disclosure regarding the allotment of equity shares under its employee stock option plan. The Executive, Borrowings and Investment Committee of the Board of Directors allotted 14,575 equity shares of ₹10 each to 7 employees on October 20, 2026. These shares were allotted to employees who had exercised their options in accordance with the CAGL Employees Stock Option Plan - 2011.
Of the total 14,575 shares allotted, 11,050 equity shares (approximately 76% of the total allotment) were allocated to Mr. Ganesh Narayanan, Managing Director & CEO of the company.
The newly allotted ESOP shares will rank pari-passu with the existing equity shares of the company in all respects, meaning they will have identical rights and privileges as the currently outstanding shares.
The document was signed by Deepti Ramani, Company Secretary & Compliance Officer of CreditAccess Grameen Limited.