Tejas Networks Limited has informed the Exchange regarding allotment of 78425 securities pursuant to ESOP/ESPS at its meeting held on March 25, 2026
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Tejas Networks has allotted 78,425 equity shares on March 25, 2026, following the exercise of stock options by eligible employees under various employee stock option plans (ESOP 2014-A, ESOP 2016, RSU 2017, and RSU 2022). The exercise prices range from Rs. 10 to Rs. 85 per share. As a result, the company's paid-up share capital has increased to Rs. 177,74,18,620, divided into 17,77,41,862 equity shares of Rs. 10 each. The newly issued shares will rank equally with existing shares in all respects. This is a routine disclosure under stock exchange listing requirements for ESOP allotments.
This is a minor, routine ESOP allotment with no material impact on shareholders — it represents a small dilution (about 0.004% increase in share count) and signals continued employee participation in the company's stock plans. Shareholders should not expect any meaningful effect on stock price or earnings per share from this allotment.