Announced Tue, 30 Jun · 18:36 IST
Tejas Networks allots 1.23 lakh shares under ESOP/RSU, grants 2.13 lakh new RSUs
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TEJASNET · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-2.0%1-day move
₹610.95
prior close
₹615.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.5+1.1+1.1+0.5-2.0-2.7-6.9-10.5-12.4-7.0-15.1———
Up moveDown movePending
AI summary
Tejas Networks allotted 1,23,042 equity shares to employees who exercised stock options under various ESOP and RSU plans, with exercise prices ranging from Rs 10 to Rs 85 per share. The company's paid-up equity capital rose to Rs 177.97 crore, divided into 17.79 crore shares of Rs 10 each. Additionally, 2,12,527 new Restricted Stock Units were granted to employees under the RSU Plan 2022 at face value of Rs 10 each.
Likely market impact
Minor equity dilution from ESOP allotment; new RSUs may dilute further on vesting. No material impact on stock price expected.