Tejas Networks has informed the stock exchanges regarding the allotment of equity shares and the grant of restricted stock units. In a regulatory filing dated May 06, 2026, the company disclosed that its Board of Directors had approved the issuance of shares pursuant to the exercise of stock options by eligible employees.

Allotment of Equity Shares

A total of 38,464 equity shares were allotted on May 06, 2026. These shares were issued under two specific plans: the Tejas Restricted Stock Unit Plan 2017 and the Tejas Restricted Stock Unit Plan 2022. Both plans utilized an exercise price of Rs. 10/- per share.

Following this allotment, the company's paid-up share capital has been revised. The capital now stands at ₹ 1,77,78,03,260/-, divided into 17,77,80,326 equity shares of ₹10/- each. This marks an increase from the previous figure of ₹ 1,77,74,18,620/-, which was divided into 17,77,41,862 equity shares of ₹10/- each. The newly allotted shares will rank pari passu with the existing equity shares of the company.

Grant of Restricted Stock Units

In addition to the share allotment, the company granted 1,85,000 restricted stock units. These units were granted at a face value of Rs. 10/- each under the Tejas Restricted Stock Unit Plan 2022. The beneficiaries of these grants include employees, senior management personnel, and key managerial personnel (KMP) of the organization.

Tejas Networks Limited has announced the opening of a special window for transfer and dematerialisation of physical securities, following regulatory guidelines from the Securities and Exchange Board of India (SEBI). The announcement was made through a newspaper publication disclosure under Regulation 30 of SEBI Listing Regulations on April 23, 2026.

Special Window Details

SEBI, through its circular dated January 30, 2026, has permitted the opening of a special window to facilitate transfer and dematerialisation of physical securities that were sold or purchased prior to April 01, 2019. This special provision also extends to transfer requests that were previously rejected, returned, or not attended to due to deficiencies in documentation, processes, or other issues.

Eligibility and Process

The special window is available for two categories of investors. First, investors whose transfer deeds were lodged prior to April 01, 2019, and were subsequently rejected, returned, or not processed due to documentation deficiencies. Second, investors who sold or purchased securities prior to April 01, 2019.

Eligible investors must lodge their transfer requests with complete and correct documentation to the company's Registrar and Transfer Agent within the specified period. The company has appointed MUFG Intime India Private Limited as its Registrar and Transfer Agent for processing these requests.

Contact Information and Support

Shareholders can submit their transfer requests to MUFG Intime India Private Limited at their postal address: C-101, Embassy 247, L.B.S. Marg, Vikhroli (West), Mumbai - 400 083. For assistance, investors can contact the helpline number +91 9870391051 or send a fax to +91 22 6656 8494.

Important Advisory

The company has issued an important note emphasising that shares lodged for transfer will be issued only in dematerialised form. Shareholders are strongly advised to initiate necessary action without delay to regularise pending transfer cases and avoid any complications in the future.

This initiative represents a significant opportunity for investors holding physical securities to convert them to electronic form, ensuring easier trading and reduced paperwork. The special window provides a structured approach to address historical transfer issues and brings these securities into the modern dematerialised system.