Allotment of shares pursuant to ESOP/RSU
TEJASNET · price
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Tejas Networks Ltd allotted 70,614 equity shares on May 26, 2026, to eligible employees who exercised their stock options under five different employee stock option and RSU plans. The shares were allotted at exercise prices ranging from Rs. 10 to Rs. 85 per share, with the majority (56,198 shares) coming from the RSU Plan 2022 at Rs. 10 each. Following this allotment, the company's paid-up share capital increased from ₹177.78 crore to ₹177.85 crore, now comprising 17,78,50,940 equity shares of ₹10 each. This is a routine exercise of employee compensation benefits and results in modest dilution of existing shareholders.
Minimal direct impact on stock price; minor share capital increase due to employee stock option exercises. The dilution is negligible at under 0.04% and is a normal part of ESOP administration.