Hexaware Technologies has announced the approval of 1,93,700 employee stock options by its Nomination and Remuneration Committee. These options were granted under the Hexaware Employees Stock Option Plan 2024 during a meeting held on April 29, 2026. Each option entitles the holder to acquire one equity share of the company, subject to the achievement of specified vesting conditions and the payment of the designated exercise price.
Stock Option Grant Details
In a recent strategic move to incentivize talent, the Nomination and Remuneration Committee at Hexaware Technologies has approved the grant of 1,93,700 options to eligible employees. This allocation is being executed under the Hexaware Employees Stock Option Plan 2024. The announcement, finalized on April 29, 2026, highlights the company’s commitment to aligning employee interests with long-term organizational growth.
Exercise Price and Terms
Each of the granted options represents the right to acquire one equity share of the company with a face value of INR 1. The exercise price has been set at INR 382.50 per share. The actual conversion of these options into equity will follow a defined vesting schedule as outlined in the plan, ensuring that the issuance of shares remains contingent upon the fulfillment of specific service and performance criteria. Upon vesting, employees will be entitled to exercise their options, provided they fulfill the payment obligations for the exercise price and applicable taxes.
Source: BSE
