Hexaware Approves ESOP Plan Amendments and New RSU Plan

Hexaware Technologies Limited's Board of Directors approved amendments to the Hexaware ESOP Plan 2024 and the grant of employee stock options exceeding 1% of paid-up capital. Additionally, a new Hexaware Restricted Stock Unit Plan 2026 (RSU Plan) was approved, allowing for the grant of 2,000,000 RSUs to eligible employees. The RSU Plan aims to reward employees for their contributions and retention, with an exercise price at par value and a minimum vesting period of one year. These approvals are subject to shareholder and other necessary regulatory approvals.