Press Releases

Tejas Networks wins global Leading Lights Award for Company of the Year (Public)

Bengaluru, September 27, 2023: Tejas Networks [BSE: 540595, NSE: TEJASNET] today announced that the company has won the prestigious 2023 Leading Lights award in the “Company of the Year (Public)” category. Currently in its 19th year, the Leading Lights Awards recognize the industry’s top companies and their executives for their outstanding achievements in next-generation communications technology, applications, services, strategies and innovation. The “Company of the Year (Public)” category honors “a publicly listed firm that stands out from its competitors, innovates constantly, makes investors proud and makes employees happy.” The winner was selected by an independent and eminent judging panel comprising industry luminaries from leading technology research firms.

Mr. Anand Athreya, CEO & Managing Director of Tejas Networks said, “We are proud to be selected as the Public Company of the Year by one of our industry’s most respected international awards programs organized by Light Reading (a part of Informa Tech). It’s a recognition of our strong and consistent R&D focus, deep and growing customer relationships, and a vision to create a global-scale telecom and networking OEM in the next few years.”

“India's Tejas Networks wins for its deep technology expertise, a strong balance sheet, a long-term investment outlook and deep customer relationships,” said Phil Harvey, Editor-in-Chief of Light Reading. “It's a growth company with scale in an exploding market, but it has a longer-term outlook than what you'd typically find in Silicon Valley. The company's investment in R&D and strategic acquisitions also put it over the top in a competitive field.”

Mr. Arnob Roy, Chief Operating Officer & Executive Director of Tejas Networks said, “The Leading Lights award is a powerful endorsement of our evolution from being a pure-play optical networking company to an end-to-end supplier of cutting-edge wireline and wireless products for fixed and mobile networks. We are currently in an exciting phase of growth and the company stays firmly committed to its goal of maximizing long-term shareholder value through continuous innovation and disciplined execution.”

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About Tejas Networks Limited 

Tejas Networks Ltd. designs and manufactures high-performance wireline and wireless networking products for telecommunications service providers, internet service providers, utilities, defence and government entities in over 75 countries. Tejas Networks Ltd. is a part of the Tata Group, with Panatone Finvest Ltd. (a subsidiary of Tata Sons Pvt. Ltd.) being the majority shareholder.

For more information, visit Tejas Networks at http://www.tejasnetworks.com
or contact Investor Relations: ir@india.tejasnetworks.com
Attn: Mr. Santosh Kesavan: skeshavan@india.tejasnetworks.com  Phone: +91 80 41794600 

SAFE HARBOUR 

Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements due to risks or uncertainties associated with our expectations with respect to, but not limited to, our ability to successfully implement our strategy and our growth and expansion plans, technological changes, our exposure to market risks, general economic and political conditions in India which have an impact on our business activities or investments, changes in the laws and regulations that apply to the industry in which the Company operates. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company.