Tejas Networks Limited — Others, 22-03-2025: ESOP/ESOS/ESPS
22-03-2025 · 11:38 pm
Tejas Networks has announced a board meeting to address the allotment of 2,62,854 equity shares following the exercise of stock options by eligible employees across various plans. This includes shares from the Tejas Networks Limited Employees Stock Option Plans and Restricted Stock Unit Plans. As a result, the company's paid-up share capital has increased to ₹1,76,32,24,400, comprising 17,63,22,440 equity shares. This issuance may enhance employee alignment and motivation but also dilutes existing shareholders’ stakes. Investors might view this positively due to the potential for increased productivity and performance alignment, though they should remain aware of dilution impacts.
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