Tejas Networks Limited has informed the Exchange regarding allotment of 70,614 securities pursuant to ESOP/RSU on May 26, 2026

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AI summary

Tejas Networks Limited allotted 70,614 equity shares on May 26, 2026, following exercise of stock options by eligible employees under five different ESOP and RSU plans. The allotments were made at varying exercise prices ranging from Rs. 10 to Rs. 85 per share, with the largest chunk of 56,198 shares allotted under the Tejas Restricted Stock Unit Plan 2022 at Rs. 10 each. The paid-up share capital increased from Rs. 177.78 crore to Rs. 177.85 crore, reflecting a marginal dilution of approximately 0.04% from the ESOP exercise.

Likely market impact

Minor shareholder dilution due to new share issuance from employee stock option exercises. The impact on stock price is typically negligible given the small quantity and routine nature of ESOP allotments.