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HCL Technologies Limited ( (IN:HCLTECH) ) has shared an update.
HCL Technologies Limited has granted a total of 25,260 restricted stock units (RSUs) to selected employees under its 2021 and 2024 RSU plans, with 601 RSUs allotted to one employee under the 2021 plan and 24,659 RSUs to five employees of the company and its subsidiaries under the 2024 plan. Each RSU corresponds to one fully paid equity share of ₹2, to be sourced entirely from shares acquired by a trust in the secondary market, ensuring no new share issuance and therefore no dilution of earnings per share. The RSUs will vest between January 2027 and June 2028, with a six-month exercise window post-vesting, and the company also cancelled 23,925 RSUs previously approved under the 2024 plan, indicating an active calibration of its equity-based compensation structure while remaining compliant with SEBI’s share-based employee benefit regulations.
More about HCL Technologies Limited
HCL Technologies Limited is a global information technology services and consulting company based in India, providing software services, digital and engineering solutions, and IT infrastructure management to enterprises worldwide with a focus on technology-driven transformation across industries.
Average Trading Volume: 129,894
Technical Sentiment Signal: Strong Buy
Current Market Cap: 4386.1B INR
Learn more about HCLTECH stock on TipRanks’ Stock Analysis page.