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

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 longterm 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 longerterm 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."

Shares of Tejas Networks Limited was last trading in BSE at Rs. 839.25 as compared to the previous close of Rs. 830.50. The total number of shares traded during the day was 13713 in over 1032 trades.

The stock hit an intraday high of Rs. 848.50 and intraday low of 831.15. The net turnover during the day was Rs. 11514969.00.

Source : Equity Bulls

Keywords

TejasNetworks INE010J01012 PrestigiousAward 2023LeadingLights