Allotment of shares pursuant to RSU and Grant of RSU
TEJASNET · price
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Tejas Networks Ltd's Board allotted 38,464 equity shares on May 6, 2026, pursuant to employee stock option exercises. Of these, 5,567 shares were under the 2017 RSU Plan and 32,897 shares were under the 2022 RSU Plan, both at an exercise price of Rs. 10 per share. As a result, the company's paid-up share capital increased to Rs. 177.78 crore (17,77,80,326 shares of Rs. 10 each). Additionally, the Board granted 1,85,000 Restricted Stock Units to employees and key managerial personnel under the 2022 RSU Plan at face value. The newly allotted shares rank pari passu with existing equity shares.
The issuance is routine employee compensation-related dilution and has no material impact on the stock. The RSU grant signals continued use of equity-based retention tools for talent.