Tata Technologies Limited has informed the Exchange regarding Allotment of 72509 Equity Shares under Tata Technologies Limited Share Based Long Term Incentive Scheme 2022.
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Tata Technologies has allotted 72,509 equity shares to employees under its Share Based Long Term Incentive Scheme 2022. The allotment was approved by the Nomination and Remuneration Committee on April 14, 2026. Of these shares, 43,847 were allotted at face value of ₹2 each, while 28,662 shares were allotted at an exercise price of ₹189.95 each (with a premium of ₹187.95 per share). Following this allotment, the company's paid-up equity share capital increased from ₹81,19,58,642 to ₹81,21,03,660, and the total number of shares increased to 40,60,51,830. The shares rank pari-passu with existing shares and carry no lock-in restrictions.
This is a routine employee stock option exercise that results in minor dilution of existing shareholders' stakes. The number of shares issued is relatively small compared to the total share capital, so the impact on existing shareholders is minimal.