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Tata Technologies Limited ( (IN:TATATECH) ) has provided an update.
Tata Technologies Limited has granted 30,761 performance-based employee stock options under its 2022 Share Based Long Term Incentive Scheme, following shareholder approval and in line with SEBI’s share-based employee benefit regulations. The options, exercisable into an equal number of equity shares at face value of ₹2 each, will vest after three years and must be exercised within one year of vesting, underscoring the company’s use of equity-linked incentives to retain and motivate key talent, align employee interests with long-term shareholder value, and support its strategic growth objectives in a competitive engineering and digital services market.
More about Tata Technologies Limited
Tata Technologies Limited is an engineering and product development digital services company based in Pune, India, serving global automotive, aerospace, and industrial customers with design, engineering, and technology solutions. The company focuses on providing end-to-end product lifecycle services and digital transformation support to manufacturing and engineering enterprises worldwide.
Average Trading Volume: 61,723
Technical Sentiment Signal: Sell
Current Market Cap: 264.2B INR
For detailed information about TATATECH stock, go to TipRanks’ Stock Analysis page.