Tata Technologies Limited has completed the allotment of 1,77,622 equity shares under its employee stock option plan, marking another step in its long-term incentive program for employees. The allotment was executed under the company's Share based Long Term Incentive Scheme 2022, following approval from the Nomination and Remuneration Committee on February 28, 2026.

Share Capital Enhancement

The allotment has resulted in an increase in the company's paid-up equity share capital. The shares, each carrying a face value of ₹ 2, have expanded the total equity base of the technology services provider.

Allotment Structure and Pricing

The share allotment was executed in two tranches with different exercise prices. The detailed breakdown shows varying premium structures for different categories of shares issued under the scheme.

Regulatory Approvals and Compliance

Tata Technologies had secured necessary regulatory approvals well in advance of the allotment. The National Stock Exchange of India Limited granted in-principle approval through letter no. NSE/LIST/41259 dated May 22, 2024. BSE Limited provided similar approval via letter no. DCS/IPO/TL/ESOP-IP/3175/2024-25 dated May 23, 2024.

The company has filed the required statement under regulation 10(b) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 with recognized stock exchanges on April 18, 2024. The newly allotted equity shares will rank pari-passu with existing equity shares and are identical in all respects, including dividend payment rights and other shareholder benefits.

Share Characteristics

The allotted shares carry distinctive numbers from 405801700 to 405979321 and will be issued in dematerialized form under ISIN number INE142M01025. No lock-in restrictions apply to these shares, and no additional listing fees are payable for this allotment. The shares represent part of the company's ongoing employee incentive program designed to align employee interests with long-term organizational goals.

Tata Technologies Limited has successfully completed its postal ballot process for the appointment of Mr. Dhiman Gupta (DIN 09420213) as Non-Executive Non-Independent Director. The resolution received overwhelming shareholder approval with 99.57% votes in favour, demonstrating strong confidence in the proposed appointment.

Voting Results Overview

The postal ballot process concluded on February 27, 2026, at 5:00 p.m. (IST) with significant shareholder participation across all categories. The detailed voting results showcase broad-based support for the resolution.

Process Timeline and Compliance

The postal ballot process followed all regulatory requirements under the Companies Act, 2013 and SEBI regulations. The voting commenced on January 29, 2026, and concluded on February 27, 2026.

Scrutinizer Certification

Jayavant B. Bhave of J. B. Bhave & Co., Company Secretaries, served as the appointed scrutinizer for the postal ballot process. His report confirmed that all procedural requirements were met and the resolution secured the requisite majority. The scrutinizer verified that 3,937 members voted in favour while 309 members voted against the resolution, with no invalid votes recorded.

Regulatory Compliance

The company fulfilled all disclosure obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The voting results and scrutinizer's report have been made available on the company's website at www.tatatechnologies.com and on NSDL's e-voting platform at www.evoting.nsdl.com .

Board Composition Impact

With the successful approval of this resolution, Mr. Dhiman Gupta will join Tata Technologies' board as a Non-Executive Non-Independent Director. The appointment reflects the company's ongoing board strengthening initiatives and governance enhancement measures. CEO and Managing Director Warren Harris signed off on the results, formally concluding the postal ballot process.