The Nomination and Remuneration Committee of the Company approved the allotment of 68,894 equity shares of face value ₹10 each to eligible employees on August 21, 2026. This allotment was made upon exercise of vested options under the Tata Communications Limited - Employee Stock Unit Plan 2023.
Capital Structure Impact
Following this allotment, the company's issued and paid-up equity share capital has increased from the previous amount to ₹285,08,56,430 (Two Hundred Eighty Five Crore Eight Lakh Fifty Six Thousand Four Hundred Thirty Rupees), divided into 28,50,85,643 equity shares of face value ₹10 each.
The distinctive numbers of the allotted shares range from 28,50,16,750 to 28,50,85,643 (both inclusive).
Issue Details
- Type of securities: Equity shares of face value ₹10 each
- Type of issue: RSU Allotment
- Number of shares issued: 68,894
- Exercise price per share: ₹10
- Premium per share: Nil
- Lock-in period: Not applicable
- Share certificate number: Not applicable
The newly allotted equity shares will rank pari-passu with the existing equity shares of the company in all respects.