Tata Communications Limited has informed the Exchange about Grant of stock options under Tata Communications Limited - Stock Unit Plan 2023
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Tata Communications has informed the stock exchanges that its Nomination and Remuneration Committee approved the grant of 24,654 employee stock options (RSUs) to eligible employees on February 26, 2026, with the grant effective from March 1, 2026. These RSUs are exercisable into a maximum of 7,812 equity shares of face value ₹10 each. The vesting is subject to both time-based (minimum 1 year, maximum 3 years from grant date) and performance-based criteria. The plan operates under SEBI's Share Based Employee Benefits and Sweat Equity Regulations, 2021. No options have been vested or exercised yet.
This is a routine ESOP/RSU grant with very small dilution potential (up to 7,812 shares), so minimal impact on share price. The performance-based vesting aligns employee interests with shareholder value creation, which is mildly positive for long-term investors.