Tata Elxsi Limited has informed the Exchange regarding 'The Board of Directors at its meeting held today i.e. July 10, 2025, has allotted 435 equity shares, pursuant to the exercise of performance stock options by the eligible employees, under Tata Elxsi Limited Performance Stock Option Plan 2023 .'.
TATAELXSI · price
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Tata Elxsi's Board of Directors, at a meeting held on July 10, 2025, allotted 435 equity shares to eligible employees who exercised their performance stock options under the Tata Elxsi Limited Performance Stock Option Plan 2023. The shares were allotted at the face value of Rs. 10 each. As a result, the company's paid-up equity share capital increased from Rs. 62,28,46,960 (6,22,84,696 shares) to Rs. 62,28,51,310 (6,22,85,131 shares). This is a very small allotment and represents a minor expansion of the share base.
The allotment is very small and has negligible dilutive impact on existing shareholders. It is a routine ESOP-related event and is unlikely to have any meaningful effect on the stock price.