Hexaware Technologies Ltd Grants 7944680 Stock Units

The Nomination & Remuneration Committee of the Board of Hexaware Technologies Ltd has considered and approved the grant of 79,44,680 Restricted Stock Units (RSUs) at a price of Rs. 2/- to the employees of the Company / subsidiary companies under the Employee Stock Option Plan 2008 / 2015 based on performance parameters as decided by the Committee. Each such RSU confers a right to receive equal no. of equity shares of the Company. The RSUs granted would vest subject to maximum period of 4 years from the date of grant of such RSUs. Vested RSUs need to be exercised within a maximum period of 3 years from the date of vesting of such RSUs.

Shares of HEXAWARE TECHNOLOGIES LTD. was last trading in BSE at Rs.252.65 as compared to the previous close of Rs. 253.3. The total number of shares traded during the day was 120521 in over 1879 trades.

The stock hit an intraday high of Rs. 258 and intraday low of 248.65. The net turnover during the day was Rs. 30443018.

Source : Equity Bulls

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