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Incorporated in 2000,Tejas Networks Ltd designs and manufactures wireline and wireless networking products, with a focus on technology, innovation and R&D. TNL carrier-class products are used by telecom service providers, utilities, governments, and defence networks in 75+ countries. Company is currently a part of Panatone Finvest Limited (a subsidiary of Tata Sons Private Limited).
Tejas Networks reported Q1FY27 revenue of 402 Cr, up 21% QoQ, driven by 5G radio and optical products. The company secured its first 5G network win in South America, added new orders, and increased its order book to 1,529 Cr despite a 202 Cr loss.
Tejas Networks announced its 26th Annual General Meeting will be held via VC/OAVM. It has shared the Annual Report web-link with members lacking registered emails. Physical share holders are urged to update KYC details; payments will be electronic only for those without updated records.
Tejas Networks secured ISO 45001 certification, cutting GHG emissions and waste. However, employee turnover hit 18.8% and accounts payable grew to 208 days. Sales to dealers rose to 31%, decreasing related party dependence. Energy intensity per revenue increased. No fines reported.
Tejas Networks partnered with MahaIT to train telecom engineering students in Maharashtra on emerging technologies. This collaboration aims to develop a skilled workforce, supporting the state's "Digital Maharashtra" vision.
Tejas Networks informs shareholders about transferring unclaimed dividends (from FY18-19 onwards) and related shares to a government fund. Investors with outstanding claims must act promptly, or their shares/dividends will be moved to the fund permanently.