Tejas Networks Appoints Prof. Bhaskar Ramamurthi and Mr. P. R. Ramesh as Independent Directors; Dr. Gururaj Deshpande resigns as Non-executive Director
Bengaluru (India), June 27, 2022: Tejas Networks [BSE: 540595, NSE: TEJASNET] today announced the appointment of Prof. Bhaskar Ramamurthi and Mr. P. R. Ramesh as Independent (Additional) Directors with effect from June 27, 2022. These appointments are based on the recommendation of the Nomination and Remuneration Committee of the Board and is subject to the approval of shareholders. The company also announced that Dr. Gururaj Deshpande, who has been a Board member of Tej...
Tejas Networks announces appointment of Mr. N. Ganapathy Subramaniam as the Non-Executive Chairman of the Board effective from May 18th, 2022
Bengaluru, April 22, 2022: Tejas Networks [BSE: 540595, NSE: TEJASNET] today announced that Mr. Balakrishnan V, Non-Executive Chairman of the Board of the Company has decided to step down from his position and that the Board has approved the appointment of Mr. N. Ganapathy Subramaniam as the Non-Executive Chairman of the Board with effect from May 18, 2022. Mr. N. Ganapathy Subramaniam is a Nominee Director of Panatone Finvest Ltd. Mr. Balakrishnan...
Tejas Networks announces consolidated results for quarter ended March 31, 2022 Q4 revenue was Rs. 126.5 crore and FY 22 revenue was Rs. 550.6 crore Q4 loss was Rs. 49.6 crore and FY 22 loss was Rs. 62.7 crore
Bengaluru, April 22, 2022: Tejas Networks [BSE: 540595, NSE: TEJASNET] today reported its financial results for the fourth quarter ended March 31, 2022. Tejas Networks designs, develops, manufactures and sells high-performance telecom and networking products, which are used to build high-speed communication networks. For Q4-FY22, consolidated net revenue was Rs. 126.5 crore, which was a YoY decrease of 37.2%, resulting in a loss before tax of Rs. 95.9 cro...
Tejas Networks Announces Acquisition of Saankhya Labs (P) Ltd. To Enhance its Wireless Products Offering
Bengaluru (India), March 30, 2022: Tejas Networks [BSE: 540595, NSE: TEJASNET] today announced that it has signed definitive agreements to acquire 64.40% of shares of Saankhya Labs Private Ltd. Bangalore (“Saankhya”) for Rs 283.94 Cr in cash. The initial acquisition of Saankhya shares is expected to close within the next 90 days. Tejas Networks, upon procuring all necessary consents and approvals, also intends to proceed with acquiring the balance 35.60% shar...
Tejas Networks Appoints Mr. N. Ganapathy Subramaniam and Mr. Amur S. Lakshminarayanan as Directors
Bengaluru, January 19, 2022: Tejas Networks [BSE: 540595, NSE: TEJASNET] today announced the appointment of Mr. N. Ganapathy Subramaniam and Mr. Amur S. Lakshminarayanan as Nominee Directors from Panatone Finvest Limited, a subsidiary of Tata Sons Private Limited. This appointment is based on recommendation of the Nomination and Remuneration Committee of Tejas Networks Board, and is subject to the approval of shareholders. Mr. N. Ganapathy Subramaniam is Chief ...