ALPHA TRIBE

Tejas Networks LimitedQIP/Rights/Pref., 23-05-2025: Allotment of Securities

23-05-2025 | 07:52 pm

Tejas Networks allotted 2,39,398 equity shares to employees, including senior management, via stock options with exercise prices starting at Rs. 85. Paid-up capital rose slightly to ₹176.59 Cr from ₹176.35 Cr. The board also approved 1,01,090 Restricted Stock Units for senior management under the 2017 RSU plan. This enhances employee retention without impacting promoter stake or bringing in new capital.

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