Tejas Networks Ltd. Allots Equity Shares Under Employee Stock Option Plans
Tejas Networks Ltd. announced the allotment of 78,425 equity shares on March 25, 2026, resulting from the exercise of stock options by eligible employees. The shares were issued under various stock option and restricted stock unit plans.The company allotted 2,219 shares under the Tejas Networks Limited Employees Stock Option Plan 2014 - A, with an exercise price of ₹85 per share. An additional 3,476 shares were allotted under the Tejas Networks Limited Employees Stock Option Plan 2016, also with an exercise price of ₹85 per share.
A significant portion of the allotment, 18,219 shares, occurred under the Tejas Restricted Stock Unit Plan 2017, carrying an exercise price of ₹10 per share. Furthermore, 54,511 shares were allocated under the Tejas Restricted Stock Unit Plan 2022, again with an exercise price of ₹10 per share.
| Plan | No. of Shares |
|---|---|
| Tejas Networks Limited Employees Stock Option Plan 2014 - A (Exercise price Rs. 85/-) | 2,219 |
| Tejas Networks Limited Employees Stock Option Plan 2016 (Exercise price Rs. 85/-) | 3,476 |
| Tejas Restricted Stock Unit Plan 2017 (Exercise price Rs. 10/-) | 18,219 |
| Tejas Restricted Stock Unit Plan 2022 (Exercise price Rs. 10/-) | 54,511 |
| TOTAL | 78,425 |
The company’s paid-up share capital has increased to ₹1,77,74,18,620, divided into 17,77,41,862 equity shares of ₹10 each. This is an increase from the previous paid-up share capital of ₹1,77,66,34,370, divided into 17,76,63,437 equity shares of ₹10 each. The newly allotted shares will rank equally with existing shares.
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