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HCL Technologies Limited ( (IN:HCLTECH) ) just unveiled an announcement.
HCL Technologies Limited has announced the grant of Restricted Stock Units (RSUs) to eligible employees under its RSU Plan 2021 and RSU Plan 2024. A total of 16,17,961 RSUs have been granted, which will entitle the holders to equity shares of the company. This initiative is part of HCL’s strategy to incentivize and retain talent within the company and its subsidiaries. The RSUs will not lead to any dilution of earnings per share as no new shares will be issued; instead, shares will be acquired from the secondary market through a trust mechanism. This move is in compliance with SEBI regulations and reflects HCL’s commitment to aligning employee interests with company performance.
More about HCL Technologies Limited
HCL Technologies Limited is a leading global technology company that operates in the information technology services industry. The company provides a wide range of services including IT consulting, enterprise transformation, remote infrastructure management, engineering, and R&D services. HCL Technologies focuses on delivering innovative solutions to various sectors such as financial services, manufacturing, telecommunications, and healthcare.
Average Trading Volume: 140,517
Technical Sentiment Signal: Hold
Current Market Cap: 3807.3B INR
For an in-depth examination of HCLTECH stock, go to TipRanks’ Overview page.