Hexaware grants 1,93,700 stock options under 2024 plan
Hexaware Technologies has granted 1,93,700 Employee Stock Options under its 2024 plan. The grant was approved by the Nomination and Remuneration Committee on April 29, 2026. The exercise price is ₹382.5 per share, with options vesting as per the plan's schedule.
The grant of employee stock options is a standard compensation mechanism and typically has a minimal direct impact on the company's stock price or financial performance in the short term. The number of options granted is relatively small compared to the total outstanding shares.
The announcement is a routine grant of employee stock options, which is a standard compensation practice and does not inherently indicate a positive or negative development for the company's financials or operations.
Hexaware Technologies Limited announced that its Nomination and Remuneration Committee (NRC) has approved the grant of 1,93,700 Employee Stock Options (Options) under the Hexaware Employees Stock Option Plan 2024.
The NRC meeting, held on April 29, 2026, commenced at 7:02 PM and concluded at 7:35 PM. The grant comprises 1,93,700 Options to eligible employees, with each option entitling the holder to acquire one Equity Share of face value ₹1 each upon payment of the exercise price and applicable taxes.
The exercise price for these options is set at ₹382.5 per share. The options will vest according to the schedule outlined in the Plan. The company has stated that this is an intimation of the grant of options and not of options exercised. The details of this grant will be available on the company's website, www.hexaware.com.
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Hexaware Technologies Limited filed this with the NSE as a statutory disclosure, categorised under other corporate actions. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Hexaware Technologies Limited. Read the original for the full detail.