
ESOP23 Oct 2026, 03:51 pm
Tata Communications Grants 14,916 RSUs Under 2023 Plan
AI Summary
Tata Communications Ltd has approved the grant of 14,916 Restricted Stock Units (RSUs) to eligible employees under the Tata Communications Limited Stock Unit Plan 2023. The grant, effective November 1, 2026, was approved by the Nomination and Remuneration Committee (NRC) based on shareholder authority from the July 18, 2023 AGM. These RSUs are exercisable into equity shares of face value ₹10 each. Vesting is subject to time-based criteria, occurring between one and three years from the grant date. Once vested, RSUs can be exercised within one year.
Key Highlights
- 14,916 Restricted Stock Units (RSUs) granted to employees.
- Grant effective November 1, 2026, under the 2023 Stock Unit Plan.
- Vesting period is between 1 to 3 years from the grant date.
- RSUs exercisable within 1 year of vesting.
- Face value of equity shares is ₹10.
Price Impact
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