HCL Technologies Limited announced that its Nomination and Remuneration Committee, vide resolution dated 25 April 2025 (approved by circulation on 26 April 2025), has granted 49,398 Restricted Stock Units (RSUs) in aggregate to 9 eligible employees of the Company and its subsidiaries under the HCL Technologies Limited - Restricted Stock Unit Plan 2024.
- Each RSU entitles the holder to one fully paid-up equity share of ₹ 2/- each.
- Up to 49,398 equity shares of ₹ 2/- each, representing 0.0018% of the paid-up equity share capital as on date, shall be transferred.
- The RSU Plan is implemented through a trust mechanism which acquires shares from the secondary market. No fresh shares will be issued by the Company.
- The scheme is in terms of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
- The RSUs will vest on 31 July 2026.
- Vested RSUs must be exercised within a maximum period of 6 months from the vesting date.
- The exercise price is ₹ 2/- per RSU (at par value).
- There will be no dilution of earnings per share as no fresh shares are issued.