Tata Elxsi Limited — Important, 01-08-2025: Updates
01-08-2025 | 05:10 pm
01-08-2025 | 05:10 pm
Tata Elxsi has allotted 5,508 new equity shares to eligible employees exercising performance stock options. This issuance increases the company's paid-up equity share capital to approximately Rs. 62.29 Cr, up from Rs. 62.28 Cr previously. This move expands the share base slightly, reflecting employee incentive programs and a minor dilution for existing shareholders, but generally a positive sign of employee retention and incentivization.
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