Tejas Networks Ltd. announced the allotment of 78,425 Equity Shares on March 25, 2026, issued upon the exercise of stock options by eligible employees. The allotments were made under various plans, including ESOP 2014, ESOP 2016, RSU Plan 2017, and RSU Plan 2022, with exercise prices ranging from ₹10/- to ₹85/-. This corporate action resulted in the company’s paid-up capital increasing to ₹1,77,74,18,620/-.
Tejas Networks Equity Share Allotment Details
Tejas Networks Ltd. has confirmed the allotment of 78,425 Equity Shares to its eligible employees on March 25, 2026. This issuance was carried out pursuant to the exercise of Stock Options granted under various employee benefit schemes.
Breakdown of Share Issuance
The total allotment of 78,425 shares is detailed across four specific employee plans, reflecting different exercise prices:
- Tejas Networks Limited Employees Stock Option Plan 2014 – A (Exercise price ₹85/-): 2,219 Shares
- Tejas Networks Limited Employees Stock Option Plan 2016 (Exercise price ₹85/-): 3,476 Shares
- Tejas Restricted Stock Unit Plan 2017 (Exercise price ₹10/-): 18,219 Shares
- Tejas Restricted Stock Unit Plan 2022 (Exercise price ₹10/-): 54,511 Shares
Impact on Share Capital Structure
The issuance has a direct effect on the company’s paid-up share capital. Prior to the allotment, the capital stood at ₹ 1,77,66,34,370/-, divided into 17,76,63,437 Equity Shares. Following the allotment of 78,425 shares, the paid-up share capital has increased to ₹ 1,77,74,18,620/-, representing a total of 17,77,41,862 Equity Shares, each with a face value of ₹10/-.
The newly issued Equity Shares will carry the same rights as the existing shares, ranking pari passu in all aspects with the current outstanding Equity Shares of the Company.
Source: BSE
