Hexaware Technologies has announced the grant of 267,300 employee stock options under its 2024 Employee Stock Option Plan. The grant was approved by the Nomination and Remuneration Committee on February 3, 2026. These options are available to eligible employees, with the terms administered by the Nomination and Remuneration Committee. The exercise price for these options is set at INR 382.5/- per share.
Employee Stock Option Grant
Hexaware Technologies has officially granted 267,300 employee stock options to its eligible employees. This grant falls under the Hexaware Employees Stock Option Plan 2024. The approval was finalized during a meeting of the Nomination and Remuneration Committee of the Board of Directors held on February 3, 2026.
Key Details of the Option Plan
The Hexaware Employees Stock Option Plan 2024 is administered by the Nomination and Remuneration Committee of Hexaware Technologies. The grant of options is based on eligibility criteria as specified in the plan. Upon vesting, option holders can acquire an equal number of equity shares at an exercise price of INR 382.5/- per share, subject to applicable taxes and plan conditions.
Financial Implications
The grant involves equity shares with a face value of INR 1/- each. Should all granted options vest and be exercised, a total of 267,300 equity shares will be issued. The options continue to vest as per the original vesting schedule.
Source: BSE
