Hexaware Technologies Ltd Grants Restricted Stock Units

Pursuant to the terms of the employment agreement, the Nomination & Remuneration Committee of the Board of Hexaware Technologies Ltd has granted 231,214 Restricted Stock Units (RSUs) to Mr. R. Srikrishna, CEO & Executive Director at a price of Rs. 2/- under the Employee Stock Option Scheme 2008 convertible into equal number of equity shares of the Company.

The said RSUs would vest after one year and can be exercised within 7 years from grant date.

Shares of HEXAWARE TECHNOLOGIES LTD. was last trading in BSE at Rs.220.7 as compared to the previous close of Rs. 225. The total number of shares traded during the day was 113153 in over 2842 trades.

The stock hit an intraday high of Rs. 226 and intraday low of 219.7. The net turnover during the day was Rs. 25101254.

Source : Equity Bulls

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