Tejas Networks Limited has informed the Exchange regarding allotment of 58844 securities pursuant to ESOP / RSU on March 09, 2026
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Tejas Networks has allotted 58,844 equity shares on March 9, 2026, following the exercise of stock options and RSUs by eligible employees across five plans. These include the ESOP 2014, ESOP 2014-A, ESOP 2016, RSU 2017, and RSU 2022 plans, with exercise prices ranging from Rs. 10 to Rs. 85 per share. The largest portion came from the RSU 2022 plan (31,567 shares), followed by the RSU 2017 plan (15,177 shares). As a result, the paid-up share capital has risen to Rs. 1,77,66,34,370 divided into 17,76,63,437 equity shares of Rs. 10 each. The newly issued shares will rank equally with existing shares.
This is a routine ESOP allotment that slightly dilutes existing shareholders by 58,844 shares (about 0.003% increase in share count). The impact on stock price is negligible, and the allotment reflects normal employee compensation activity.