
Corporate Action25 Sept 2026, 03:51 pm
Tejas Networks Allots 43,418 Shares on RSU Exercise
AI Summary
Tejas Networks Limited has allotted 43,418 equity shares on September 25, 2026, following the exercise of stock options by employees under its Restricted Stock Unit Plans. The allotment comprises 19,142 shares from the 2017 plan and 24,276 shares from the 2022 plan, both with an exercise price of ₹10/-. This allotment increases the company's paid-up equity share capital to ₹178,14,10,210/- (17,81,41,021 shares of ₹10/- each). The newly issued shares will have the same rights as existing equity shares.
Key Highlights
- 43,418 equity shares allotted due to RSU exercise.
- Paid-up equity capital increased to ₹178.14 Cr.
- New shares rank pari-passu with existing shares.
- Exercise price for RSUs was ₹10 per share.
Price Impact
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