Tejas Networks Standalone June 2023 Net Sales at Rs 167.11 crore, up 33.02% Y-o-Y
21-07-2023
Tejas Networks Ltd - 540595 - Proceeds Raised Through Preferential Issue Of Equity Shared And Share Warrants
Proceeds raised from Preferential issue of equity shares21-07-2023
Tejas Networks Ltd - 540595 - Disclosure Under Regulation 29(2) Of The SEBI (Substantial Acquisition Of Shares And Takeovers) Regulation, 2011
Disclosure under Regulation 2921-07-2023
Tejas Networks Ltd - 540595 - Announcement under Regulation 30 (LODR)-Investor Presentation
attached the presentation21-07-2023
Q1FY24 Quarterly Result Announced for Tejas Networks Ltd.
Other Telecom Services company Tejas Networks announced Q1FY24 results: For Q1FY24, consolidated net revenue was Rs 187.9 crore, which was a YoY increase of 49.4%, resulting in a loss before tax of Rs 65.9 crore as compared to loss of Rs 12.9 crore for Q1FY23. Loss after tax was Rs 26.3 crore as compared to loss of Rs 6.6 crore for Q1FY23. As on June 30, 2023, Tejas and its subsidiaries have filed for 445 patents of which 267 have been granted. Anand Athreya, Managing Director and CEO of Tejas Networks said, “In Q1FY24 we saw a YoY growth of 49%. The QoQ revenue decline was primarily due to transition of EMS facilities and some supply chain challenges. The loss after tax was primarily due to continued investment in R&D; for growth and increased component costs due to expedite fees and spot buys to ensure critical customer shipments. We have successfully commissioned the pilot network of 200 sites for the BSNL 4G network and plan to ramp up our supplies in the coming quarters”. Venkatesh Gadiyar, CFO said, “As on June 30, 2023, our cash and cash equivalents, including investment in liquid mutual funds and deposits with financial institutions, were at Rs 943 crore and we continue to be a debt-free company. On the merger of Saankhya with Tejas, on July 06, 2023, the stock exchanges in terms of Regulation 94 of SEBI (LODR) Regulations, 2015, have conveyed their no objection on the Scheme. Currently, we are in the process of filing the Scheme with National Company Law Tribunal (NCLT).” Result PDF21-07-2023
Tejas Networks Ltd - 540595 - Board Meeting Outcome for Meeting Held On July 21, 2023
Meeting held on July 21, 202321-07-2023
Tejas Networks Ltd - 540595 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for East Bridge Capital Master Fund Ltd & Other21-07-2023
Tejas Networks Ltd - 540595 - Clarification On Increase In Volume
Clarification on increase in volume14-07-2023