Hexaware Technologies Ltd grants 731600 RSUs

The Nomination & Remuneration Committee of the Board of Directors of Hexaware Technologies Ltd at its meeting held today considered and approved the grant of 731,600 Restricted Stock Units (RSUs) to employees under the Employee Stock Option Plan 2015 at Rs. 2/- each. 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 based on performance parameters as decided by the Committee. 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.222.55 as compared to the previous close of Rs. 224.25. The total number of shares traded during the day was 80077 in over 1222 trades.

The stock hit an intraday high of Rs. 226.05 and intraday low of 220. The net turnover during the day was Rs. 17862893.

Source : Equity Bulls

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