Tejas Networks Limited has informed the Exchange regarding allotment of 38,464 securities pursuant to RSU and grant of 1,85,00 RSU's on May 06, 2026
TEJASNET · price
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Tejas Networks has allotted 38,464 equity shares to employees who exercised their stock options under two RSU plans - 5,567 shares under the 2017 plan and 32,897 shares under the 2022 plan, both at an exercise price of Rs. 10 per share. The company's paid-up share capital has increased from Rs. 177.74 crore to Rs. 177.78 crore following this allotment. Additionally, the Board has granted 1,85,000 new Restricted Stock Units at face value of Rs. 10 each to employees, senior management, and Key Managerial Personnel under the 2022 RSU Plan.
This is a routine employee stock compensation event. The share dilution is minimal (38,464 shares out of 17.78 crore), and the new RSU grants may impact future earnings per share when exercised. No material impact on stock price expected from this filing.