Tejas Networks Increases Share Capital Through Employee Allotment

Tejas Networks saw its paid-up share capital rise to ₹1,777.42 crore on March 25, 2026, following the allotment of 78,425 equity shares to employees. This issuance brings the company's total outstanding equity shares to 17,77,41,862.

Share Issuance Details

The company announced on March 25, 2026, that it had allotted 78,425 equity shares to eligible employees. These shares were issued under Tejas Networks' various stock option plans. This issuance has increased the company's paid-up share capital from ₹1,776.63 crore to ₹1,777.42 crore, bringing the total number of outstanding equity shares to 17,77,41,862. The newly issued shares will rank equally with the company's existing equity shares.

Employee Incentives

This move aligns with Tejas Networks' strategy to incentivize its employees. By granting equity, the company seeks to align staff interests with shareholder value and boost retention. While the increase in capital is small, it represents continued employee involvement in the company's growth.

History of Share Grants

Tejas Networks regularly grants shares to employees via its Employee Stock Option Plans (ESOPs) and Restricted Stock Unit Plans. Recent grants include 93,807 shares on December 31, 2025, and 286,755 shares on December 1, 2025. In October 2025, the company allotted 289,790 equity shares, underscoring its commitment to employee equity ownership.

Impact on Shareholders

The allotment results in a minor increase in the total number of outstanding equity shares and a slight expansion of the company's share capital base. This issuance may also positively influence employee morale and their alignment with the company's long-term objectives.

Industry Challenges and Disputes

Separately, the company operates in a competitive telecom equipment sector. In November 2025, Airtel raised a dispute regarding Tejas Networks' equipment used for BSNL's 4G network, alleging interference with Airtel's spectrum in Rajasthan. Tejas Networks has rejected these claims, citing spectrum allocation and site proximity as factors. This dispute highlights the operational challenges within the Indian telecom equipment market.

Competitive Landscape

Tejas Networks operates in the telecom equipment and solutions market. Key competitors include HFCL Limited, a manufacturer of telecom equipment and fiber-optic cables; Sterlite Technologies Limited (STL), a global provider of optical and digital solutions; and Tata Communications, which offers connectivity, cloud, and cybersecurity services.

Future Focus

Investors will continue to monitor future ESOP allotments, the company's financial performance, and the resolution of industry disputes as Tejas Networks expands its role within the Tata Group.