Headline: Tejas Networks Limited Announces Allotment of Equity Shares
Tejas Networks Limited has officially announced the allotment of 289,790 equity shares as of October 31, 2025. This move comes as a result of eligible employees exercising their stock options under various Stock Option Plans. The details of the allotment are as follows:
1. Tejas Networks Limited Employees Stock Option Plan 2016: 1,400 shares at an exercise price of ₹85. 2. Tejas Restricted Stock Unit Plan 2017: 1,687 shares at an exercise price of ₹10. 3. Tejas Restricted Stock Unit Plan 2022: 286,703 shares at an exercise price of ₹10.
The total allotment of 289,790 shares has raised the company’s paid-up share capital to ₹1,77,16,22,030, which is now divided into 17,71,62,203 equity shares of ₹10 each. This is an increase from the previous capital of ₹1,76,87,24,130, which comprised 17,68,72,413 equity shares.
This strategic move not only incentivizes employees but also enhances the company's equity structure, potentially leading to greater investor confidence and market competitiveness. The announcement has been communicated to the National Stock Exchange of India (NSE) and BSE Limited, ensuring transparency and compliance with regulatory requirements.
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Keywords: Tejas Networks Limited, equity shares, stock options, allotment, financial news, investment, corporate actions, NSE, BSE