Tata Communications Grants 2,49,092 Stock Options

Tata Communications Ltd has approved the grant of 2,49,092 Restricted Stock Units (RSUs) to eligible employees under the 'Tata Communications Limited - Stock Unit Plan 2023'. The grant was authorized by shareholders at the 37th Annual General Meeting on July 18, 2023, and approved by the Nomination and Remuneration Committee (NRC). Of the total RSUs, 239,080 have an effective grant date of May 1, 2026, and 10,012 have an effective grant date of August 1, 2026. These RSUs are exercisable into equity shares of face value ₹10/- each. Vesting occurs based on time-based criteria, not earlier than one year and not later than three years from the grant date. Once vested, RSUs can be exercised within one year.