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Hexaware Technologies grants Restricted Stock Units

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Capital Market
Last Updated : Jun 10 2015 | 5:01 PM IST

Under ESOP

Hexaware Technologies that the Nomination & Remuneration Committee of the Board has considered and approved the grant of 281,220 Restricted Stock Units (RSUs) at a price of Rs. 2/- to the employees under the Employee Stock Option Plan 2015 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. The RSUs granted would vest subject to maximum period of 4 years from the date of grant of such RSUs. Vested RSUs need to be exercised within a maximum period of 3 years from the date of vesting of such RSUs.

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First Published: Jun 10 2015 | 3:10 PM IST

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