Tata Elxsi Board Approves ESOP Adding 381 Shares to Paid‑Up Capital
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Tata Elxsi’s board approved an ESOP allotment that raised paid‑up capital by 381 shares, a virtually nil dilution.
- Paid‑up capital moved from ₹622,966,830 (62,296,683 shares) to ₹622,970,640 (62,297,064 shares) – an increase of about 0.0006%.
- Dilution is negligible; EPS impact is virtually zero and there is no cash inflow or outflow.
- The ESOP aligns employee interests with shareholders, signaling strong governance in the high‑tech services space.
- All approvals were obtained on 21 April 2026, fully complying with SEBI’s LODR and the 9‑Sept‑2015 circular.
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