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Tejas Networks Expands Equity Through Employee Stock Options

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Tejas Networks Expands Equity Through Employee Stock Options

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An announcement from Tejas Networks Ltd. ( (IN:TEJASNET) ) is now available.

Tejas Networks Ltd. has announced the allotment of 108,699 equity shares following the exercise of stock options by eligible employees under various stock option plans. This allotment has increased the company’s paid-up share capital, reflecting a strategic move to incentivize employees and potentially enhance operational performance.

More about Tejas Networks Ltd.

Tejas Networks Ltd. operates in the telecommunications industry, specializing in the development and sale of networking products such as optical and data networking equipment. The company focuses on providing solutions for telecommunications service providers, internet service providers, utilities, and government entities.

Average Trading Volume: 125,582

Technical Sentiment Signal: Sell

Current Market Cap: 107.7B INR

For a thorough assessment of TEJASNET stock, go to TipRanks’ Stock Analysis page.

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