Hexaware Technologies has informed that Nomination & Remuneration Committee of the Board in their meeting held on February 03, 2016, has considered and approved the grant of 295,120 Restricted Stock Units (RSUs) to an employee under the Employee Stock Option Plan 2015 to be vested 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. Vested RSUs need to be exercised within the exercise period as determined by the Committee; and Exercise of 67,950 Options by Employees under the Employees Stock Option Scheme 2007 and 2002.
The above information is a part of company’s filings submitted to BSE.
