Tata Technologies Limited has informed the Exchange regarding Allotment of 177622 Equity Shares under Tata Technologies Limited Share Based Long Term Incentive Scheme 2022.
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Tata Technologies has allotted 1,77,622 equity shares (face value ₹2 each) to employees under its Share Based Long Term Incentive Scheme 2022, approved by the Nomination and Remuneration Committee on February 28, 2026. The allotment was done in two tranches: 59,634 shares at ₹2 each and 1,17,988 shares at ₹189.95 each (including a premium of ₹187.95). As a result, the company's paid-up share capital has increased from ₹81.16 crore to ₹81.20 crore, and the total number of shares has gone up from 40.58 crore to 40.60 crore — a minor dilution of about 0.44%. The new shares rank equally with existing shares and carry no lock-in restrictions.
This is a routine employee stock incentive allotment with negligible dilution, so it should not materially affect shareholders. The exercise price of ₹189.95 for the majority tranche is well below current market levels, benefiting the participating employees but having no direct impact on the stock price.