Tata Elxsi Limited has informed the Exchange regarding 'The Board of Directors of the Company has allotted 1,195 equity shares pursuant to exercise of performance stock options by the eligible employees under the "Tata Elxsi Performance Stock Option Plan, 2023'.

Tata Elxsi's Board of Directors has allotted 1,195 equity shares following the exercise of performance stock options by eligible employees under the Tata Elxsi Performance Stock Option Plan, 2023. This is a routine ESOP allotment involving a very small number of shares relative to the company's total share base, reflecting employees converting their vested stock options into actual shares. There is no fresh capital raise involved, as these shares are issued from the company's existing ESOP pool.