Tejas Networks Limited has informed the Exchange regarding allotment of 29116 securities pursuant to ESOP/ESPS at its meeting held on September 26, 2025
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Tejas Networks has allotted 29,116 equity shares to employees who exercised their stock options on September 26, 2025. The shares were issued under three plans: the 2016 ESOP at Rs. 85 per share (3,400 shares), the 2017 RSU Plan at Rs. 10 per share (10,493 shares), and the 2022 RSU Plan at Rs. 10 per share (15,223 shares). As a result, the company's paid-up equity share capital has risen from Rs. 176.84 crore (17,68,43,297 shares) to Rs. 176.87 crore (17,68,72,413 shares) of Rs. 10 face value each. The dilution is marginal, at about 0.0016% of the existing share base.
This is a routine ESOP allotment with negligible dilution. Shareholders should note a very small increase in total shares outstanding, but no material impact on earnings per share or stock price is expected.