Key Quantitative Figures

  • 14,916 (Fourteen Thousand Nine Hundred and Sixteen) RSUs granted to eligible employees
  • Each RSU is exercisable into one equity share of face value ₹10 each fully paid up
  • Maximum potential equity dilution: 14,916 shares
  • Options vested: Nil
  • Options exercised: Nil
  • Options lapsed: Nil

Parties Involved

  • Granting authority: Nomination and Remuneration Committee (NRC) of Tata Communications Limited
  • Recipients: Eligible employees as determined by the NRC
  • Compliance officer: Zubin Adil Patel, Company Secretary and Compliance Officer

Vesting and Exercise Terms

  • RSUs shall vest with the employee on satisfaction of time-based vesting criteria
  • Minimum vesting period: 1 (one) year from grant date
  • Maximum vesting period: 3 (three) years from grant date
  • Once vested and confirmed by the NRC, RSUs are exercisable within maximum 1 (one) year from vesting date

Financial Impact

  • Money realized by exercise of options: Not Applicable (no exercise occurred)
  • Total number of shares arising from exercise: Not Applicable
  • Diluted earnings per share impact: Not Applicable
  • Pricing formula: ₹10 (face value of equity shares)

Additional Information

  • The scheme complies with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021
  • No subsequent changes, cancellation, or exercise of options reported
  • No variations of terms of options
  • Disclosure includes Annexure A with required compliance information