Tejas Networks Limited has informed the Exchange regarding Allotment of 70,702 Shares pursuant to exercise of ESOP/RSU.
TEJASNET · price
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Awaiting price reaction for this filing.
Tejas Networks has allotted 70,702 equity shares on July 2, 2025, following the exercise of stock options and restricted stock units by eligible employees, including senior management personnel. The shares were issued under four plans: ESOP 2014-A (100 shares), ESOP 2016 (17,800 shares at ₹85 exercise price), RSU Plan 2017 (19,990 shares), and RSU Plan 2022 (32,812 shares). As a result, the company's paid-up equity share capital has risen from ₹176,62,03,800 to ₹176,69,10,820, taking the total share count to 17,66,91,082 shares of ₹10 each. The dilution from this allotment is minimal at roughly 0.004% of the expanded capital base.
This is a routine ESOP/RSU allotment and has negligible impact on shareholders. The tiny increase in share count (0.004%) means almost no dilution for existing investors. No material price impact expected from this filing alone.