The Board of Directors of Tejas Networks Limited at their meeting held on Friday, January 19, 2018 at Bangalore, has inter alia considered and approved the following: 1.The unaudited financial results (standalone and consolidated) as per IND-AS for the quarter and nine-months ended December 31, 2017 together with the Limited review report of the Statutory Auditors for the said period is enclosed as Annexure - A. 2.Approved the re-appointment of Amb. Leela K Ponappa as Independent Director of the Company subject to the approval of the Shareholders for a further period of 5 (five) years with effect from February 16, 2018. 3.Grant of 8,000 Restricted Stock Units, under Tejas Restricted Stock Unit Plan 2017 to new employees based on the recommendations of the NRC. 4.Allotment of 64,079 Equity Shares of the Company pursuant to exercise of stock options by eligible employees under the respective Stock Option Plans. The relevant annexures are herewith attached.
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