Tata Communications Limited — Important, 23-04-2025: General Updates

The Nomination and Remuneration Committee of Tata Communications Limited has approved the grant of 7,47,351 employee stock options (RSUs) to eligible employees under the Stock Unit Plan 2023. These stock options are set to be effective from May 1, 2025, enabling employees to exercise these options within one year from the vesting date. The RSUs will vest based on both time and performance criteria over a period ranging from one to three years. The options have a face value of ₹10 per share, leading to a potential increase in equity shares available. This move could enhance employee motivation and retention, presenting a positive outlook for the company's long-term growth strategy.