Hexaware Technologies Ltd grants 295120 RSUs

The Nomination & Remuneration Committee of the Board of Directors of Hexaware Technologies Ltd in their meeting held on February 03, 2016, have considered and approved the grant of 295120 Restricted Stock Units (RSUs) to an employee under the Employee Stock Option Plan 2015 to be vested 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. Vested RSUs need to be exercised within the exercise period as determined by the Committee.

The Board also approved the exercise of 67950 Options by Employees under the Employees Stock Option Scheme 2007 and 2002.

Shares of HEXAWARE TECHNOLOGIES LTD. was last trading in BSE at Rs.235.3 as compared to the previous close of Rs. 223.65. The total number of shares traded during the day was 814943 in over 15861 trades.

The stock hit an intraday high of Rs. 247.75 and intraday low of 218.5. The net turnover during the day was Rs. 192105795.

Source : Equity Bulls

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