Tata Technologies Limited has informed the Exchange regarding Allotment of 20,751 Equity Shares under Tata Technologies Limited Share Based Long Term Incentive Scheme 2022.
TATATECH · price
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Tata Technologies has allotted 20,751 equity shares of face value ₹2 each to employees under its Share Based Long Term Incentive Scheme 2022, approved by the Nomination and Remuneration Committee on January 9, 2026. Of these, 11,751 shares were issued at face value (₹2), likely as performance-based grants, while 9,000 shares were issued at an exercise price of ₹189.95 each (with a premium of ₹187.95), suggesting stock options being exercised. As a result, the company's paid-up equity share capital increased from ₹81.15 crore (40,57,43,604 shares) to ₹81.15 crore (40,57,64,355 shares). The newly issued shares rank pari-passu with existing shares, meaning full dividend and voting rights. In-principle approvals from NSE and BSE were already in place from May 2024.
This is a routine ESOP allotment causing negligible dilution of about 0.005% for existing shareholders. The allotment aligns employee interests with company performance and is unlikely to have any material impact on the stock price.