Tejas Networks Limited has informed the Exchange regarding Annual Report 2024-25 and Notice of Annual General Meeting
TEJASNET · price
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Tejas Networks has notified the 25th AGM scheduled for June 27, 2025, at 3:00 PM via video conferencing, along with the Annual Report for FY2024-25. The company reported record FY25 performance with net revenues of ₹8,923 crore (261% YoY growth, crossing $1 Billion) and profit after tax of ₹447 crore (609% YoY growth). Major business milestones include completing 100,000+ BSNL 4G/5G cell site deployments in 18 months, signing a three-year contract with Vodafone Idea, and entering a technology partnership with NEC Corporation, Japan. The Board has recommended a dividend of ₹2.5 per share. Key dates include record date June 19, book closure June 20-27, and e-voting from June 23-26, 2025.
Strong FY25 results with revenue crossing $1 Billion and substantial profit growth reflect the BSNL 4G/5G deal execution. The ₹2.5/share dividend rewards shareholders, while the upcoming leadership transition (Anand Athreya stepping down as MD & CEO on June 20, 2025, with Arnob Roy taking over additional CEO responsibilities) may draw investor attention.