Tata Communications500483ESOP grant news
14,916 RSUs granted to eligible employees under Stock Unit Plan 2023
The Nomination and Remuneration Committee approved the grant of 14,916 Restricted Stock Units to eligible employees under the Stock Unit Plan 2023, effective November 1, 2026.
By ScoutQuest · · 2 min read
- RSUs Granted
- 14,916 Restricted Stock Units
- Effective Grant Date
- November 1, 2026
- Vesting Period
- not earlier than 1 year and not later than 3 years from the grant date
What was disclosed
- The Nomination and Remuneration Committee (NRC) has approved the grant of 14,916 Restricted Stock Units (RSUs) to eligible employees under the Tata Communications Limited Stock Unit Plan 2023.
- The effective date of grant is November 1, 2026.
- The grant is made under the authority given by shareholders at the 37th Annual General Meeting held on July 18, 2023.
How the units work
- The RSUs are exercisable into not more than 14,916 equity shares of face value of ₹10 each, fully paid up.
- The pricing formula is ₹10, being the face value of the equity shares.
- Vesting is time-based: the units vest not earlier than a minimum period of 1 year and not later than a maximum period of 3 years from the grant date.
- Once vested and confirmed by the NRC, the RSUs can be exercised within a maximum period of 1 year from the date of vesting.
Where the plan stands today
- Options vested: Nil
- Options exercised: Nil
- Options lapsed: Nil
- Changes, cancellation or exercise of these options subsequent to the grant: Nil
What this means for a retail shareholder
- An RSU grant is employee compensation. When units vest and are exercised, equity shares are issued to those employees, so the total number of shares in issue can go up.
- The number here is 14,916 shares, a small figure in absolute terms, and it becomes relevant to shareholders only over the 1 to 3 year vesting window.
- The company states the diluted earnings per share impact pursuant to issue of shares on exercise as "Not Applicable", and money realised by exercise of options as "Not Applicable".
Read together
- This is a routine employee-benefit disclosure. It tells you how many units were granted, at what price they convert, and over what period they vest and can be exercised.
- Nothing in the update changes the company's share capital today, because nothing has vested or been exercised yet.
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More numbers
- RSUs granted to eligible employees14,916 (Fourteen Thousand Nine Hundred and Sixteen)
- Face value per equity share₹10/-
- Minimum vesting period from grant date1 (one) year
- Maximum vesting period from grant date3 (three) years
- Exercise window after vesting1 (one) year
- Options vestedNil
- Options exercisedNil
- Options lapsedNil
Source: BSE · 23 Oct 2026
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