Tata Technologies allots new shares under employee incentive scheme

Tata Technologies Limited has announced the allotment of 31,764 equity shares, each with a face value of ₹2, under its "Tata Technologies Limited Share based Long Term Incentive Scheme 2022." This decision, approved by the nomination and remuneration committee on December 1, 2025, increases the company’s paid-up equity share capital from ₹81,14,23,680 to ₹81,14,87,208. The total number of equity shares now stands at 405,743,604.

The allotment includes shares issued at an exercise price of ₹2 each, with a premium of ₹187.95 per share for 14,178 shares. These newly allotted shares will rank pari-passu with existing equity shares, carrying identical rights, including dividend payments. The company has already secured in-principle approvals for these shares from the National Stock Exchange of India Limited and BSE Limited in May 2024.

This move aligns with Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, reflecting the company’s ongoing commitment to its employee incentive programs.