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Tejas Networks Ltd. ( (IN:TEJASNET) ) has issued an update.
Tejas Networks Ltd. has announced the allotment of 262,854 equity shares following the exercise of stock options by eligible employees under various stock option plans. This allotment has resulted in an increase in the company’s paid-up share capital, reflecting a strategic move to incentivize employees and potentially strengthen the company’s market position by aligning employee interests with shareholder value.
More about Tejas Networks Ltd.
Tejas Networks Ltd. operates in the telecommunications industry, focusing on the development and production of high-performance networking products such as optical and data networking equipment. The company primarily serves service providers, utilities, and government entities, aiming to enhance network connectivity and infrastructure.
YTD Price Performance: -32.21%
Average Trading Volume: 113,267
Current Market Cap: 125B INR
See more data about TEJASNET stock on TipRanks’ Stock Analysis page.