During the financial year 2016-17, the Board of Directors of CARE Automation Services Limited has issued shares to employees under Employees Stock Option Scheme. Ms. Excellent has recently joined the Board of the company

Pursuant to Rule 12(9) of the Companies (Share Capital and Debentures) Rules, 2014, the Board of directors, shall, inter alia, disclose in the Directors' Report for the year, the following details of the Employees Stock Option Scheme: options granted; options vested; options exercised; the total number of shares arising as a result of exercise of option; options lapsed; the exercise price; variation of terms of options; money realized by exercise of options; total number of options in force; employee wise details of options granted to key managerial personnel; any other employee who receives a grant of options in any one year of option amounting to 5% or more of options granted during that year. identified employees who were granted option, during any one year, equal to or exceeding 1% of the issued capital (excluding outstanding warrants and conversions) of the company at the time of grant. Mr. Excellent, who has recently joined the Board of CARE Automation Services Limited has to be informed on the above lines based on provisions of the Companies Act, 2013 read with Companies (Share Capital and Debentures) Rules, 2014.