Tata Elxsi Limited — Important, 09-01-2025: Updates

The Board of Directors has allotted 257 equity shares following the exercise of performance stock options under the Tata Elxsi Limited Performance Stock Option Plan 2023. As a result, the paid-up equity share capital of the company has increased to Rs. 62.28 crore, comprising 6,22,83,598 equity shares of Rs. 10 each, up from Rs. 62.28 crore with 6,22,83,341 equity shares. This slight increase reflects ongoing employee engagement initiatives and may positively influence employee motivation and retention. Stakeholders should watch closely for any implications this may have on the company's future operational performance and capital structure.