Tejas Networks Limited has approved the grant of 2,000 Restricted Stock Units (RSUs) to its employees, reinforcing its compensation structure for key personnel. The Board of Directors authorized the issuance during a meeting held on July 27, 2026, marking a specific allocation under the company’s existing equity incentive framework. This move aligns employee interests with long-term shareholder value creation through structured equity participation.

The grants were made under the Tejas Restricted Stock Unit Plan 2022. Each unit carries a face value of Rs. 10. The total number of units approved for this specific tranche is 2,000. These details were communicated to the National Stock Exchange of India Ltd and BSE Limited on the same day.

Grant Details

The following table outlines the specifics of the approved stock unit grant:

Regulatory Compliance

The company issued the disclosure in compliance with listing regulations. Anantha Murthy N, Company Secretary & Compliance Officer, signed the communication. The notice was dispatched to both major exchanges: the National Stock Exchange of India Ltd and BSE Limited.

What the Numbers Show

The approval of a relatively small batch of 2,000 units suggests a targeted approach to retention or reward for specific roles rather than a broad-based employee stock option scheme expansion. By utilizing the existing Tejas Restricted Stock Unit Plan 2022, the company avoids the need for fresh shareholder approval for a new plan, streamlining the administrative process while maintaining equity discipline.

Tejas Networks has designated Mr. Preetham Uthaiah, its Chief Operating Officer, as Senior Management Personnel (SMP) with immediate effect. The Board of Directors approved the appointment on July 27, 2026, fulfilling regulatory disclosure requirements under the Securities and Exchange Board of India (SEBI) Listing Regulations.

The designation is mandated under Regulation 30 read with Para A (7) of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also cited SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, in its submission to the National Stock Exchange of India Ltd and BSE Limited. This procedural step ensures that key executives are formally recognized for their role in corporate governance and compliance oversight.

Mr. Uthaiah’s appointment reflects his established leadership within the organization. As COO, he already holds a pivotal operational role. His elevation to SMP status formalizes his responsibility in ensuring adherence to listing obligations and regulatory standards. The company stated that the change is due to an "appointment as a Senior Managerial Personnel," with no other changes such as resignation or removal involved.

Executive Profile

Mr. Preetham Uthaiah is described by the company as a seasoned professional in the telecommunications and high-tech industries. He possesses extensive hands-on experience across a wide range of technologies. His career trajectory includes significant tenures at major industry players before joining Tejas Networks.

Prior to joining Tejas Networks, Mr. Uthaiah worked at Saankhya Labs. Earlier in his career, he held various leadership and technical roles in both India and the United States. Notably, he served as Vice President at Tech Mahindra, gaining exposure to large-scale telecommunications operations and management structures.

Regulatory Compliance

The disclosure was made by Anantha Murthy N, Company Secretary & Compliance Officer, who digitally signed the intimation on July 27, 2026. The company confirmed that the details regarding the appointment have been uploaded to its official website for public access. There are no disclosed relationships between directors and Mr. Uthaiah that require further reporting under the specified regulations.

This appointment strengthens the company’s compliance framework by clearly identifying the executive responsible for liaison with regulators and stock exchanges. For investors, this ensures transparency in governance structures and confirms that senior leadership is aligned with statutory requirements.