Tejas Networks Allots 78,425 Shares Under ESOPs
Tejas Networks Limited allotted 78,425 equity shares on March 25, 2026, due to employee stock option exercises. The company's paid-up share capital increased to ₹1,77,74,18,620.
The allotment of shares under ESOPs is a standard practice for employee compensation and retention. The number of shares is relatively small compared to the total outstanding shares, thus having a minimal impact on the company's valuation or market price.
The allotment of shares under employee stock option plans is a routine event and does not significantly impact the company's fundamental value or financial performance in a positive or negative way.
Tejas Networks Limited has announced the allotment of 78,425 Equity Shares on March 25, 2026. This allotment is a result of the exercise of stock options by eligible employees under various Stock Option Plans.
The specific plans and the number of shares allotted are as follows: Tejas Networks Limited Employees Stock Option Plan 2014 - A saw 2,219 shares allotted at an exercise price of ₹85. Tejas Networks Limited Employees Stock Option Plan 2016 had 3,476 shares allotted, also at an exercise price of ₹85. The Tejas Restricted Stock Unit Plan 2017 accounted for 18,219 shares at an exercise price of ₹10, and the Tejas Restricted Stock Unit Plan 2022 involved 54,511 shares at an exercise price of ₹10. In total, 78,425 shares were allotted.
Following this allotment on March 25, 2026, the company's Paid-up Share Capital has increased to ₹1,77,74,18,620, comprising 17,77,41,862 Equity Shares of ₹10 each. This is an increase from the previous Paid-up Share Capital of ₹1,77,66,34,370, which was divided into 17,76,63,437 Equity Shares of ₹10 each. The newly allotted Equity Shares will rank pari passu in all respects with the existing Equity Shares of the Company.
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Tejas Networks 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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