Tata Communications Limited (TATACOMM) — Corporate Action Announcement
📢 Key Event
Allotment of 16,749 equity shares under ESOP 2023 approved by Nomination and Remuneration Committee
🔄 What Changed
Paid-up capital increased from ₹2,85,00,00,000 to ₹2,85,01,67,490
💡 Investor Takeaway
Employees gain equity stakes through approved stock options, expanding ownership without altering shareholder rights or dilution status
Tata Communications announced the allotment of 16,749 equity shares of ₹10 each to eligible employees under its Employee Stock Unit Plan 2023, increasing the paid-up capital from ₹2,85,00,00,000 to ₹2,85,01,67,490. The shares were allotted on June 13, 2026, following regulatory approvals from BSE and NSE in August 2023. The issuance is pari-passu with existing shares and carries no lock-in requirements.
📄 View Original Announcement (PDF)
About Tata Communications Limited (TATACOMM)
Telecommunication · Telecom - Services · Listed on NSE
Market Cap: ₹47,880 Cr
P/E: 42.9
Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.