Tejas Networks Limited — QIP/Rights/Pref., 25-02-2025: Allotment of Securities
25-02-2025 | 07:25 pm
25-02-2025 | 07:25 pm
Tejas Networks has allotted 3,04,463 equity shares under various employee stock option plans, including 5,038 shares under the 2014 plan, and 1,18,357 shares under the 2022 plan. The shares were issued as a result of stock option exercises by eligible employees, with the total allotment increasing the paid-up share capital to ₹1,76,05,95,860, divided into 17,60,59,586 shares of ₹10 each. This move reinforces employee equity participation and strengthens the company's capital base.
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