Hexaware Technologies Ltd Grants 281220 Restricted Stock Options

The Nomination & Remuneration Committee of the Board of Directors of Hexaware Technologies Ltd has considered and approved the grant of 281,220 Restricted Stock Units (RSUs) at a price of Rs. 2/- to the employees under the Employee Stock Option Plan 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.288.05 as compared to the previous close of Rs. 276.55. The total number of shares traded during the day was 111246 in over 2752 trades.

The stock hit an intraday high of Rs. 292 and intraday low of 275.75. The net turnover during the day was Rs. 31608916.

Source : Equity Bulls

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