HCL Tech Grants 56,504 RSUs to 72 Employees

HCL Technologies Ltd. announced that its Nomination and Remuneration Committee has granted 56,504 Restricted Stock Units (RSUs) to 72 eligible employees under its RSU Plan 2021. Each RSU entitles the holder to one equity share of ₹2. The shares will be transferred from the secondary market via a trust, meaning no fresh shares will be issued by the company, thus avoiding earnings per share dilution. The vesting date is October 31, 2027, with an exercise period of six months post-vesting at an exercise price of ₹2 per RSU. Additionally, 14,130 RSUs under the RSU Plan 2024 were cancelled, and the vesting date for 7,252 RSUs under the same plan was corrected to July 31, 2027.