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HCL Technologies Grants RSUs to Key Employees Under 2024 Plan

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HCL Technologies Limited ( (IN:HCLTECH) ) just unveiled an announcement.

HCL Technologies Limited has announced the grant of 49,398 Restricted Stock Units (RSUs) to nine eligible employees under its RSU Plan 2024. This initiative is part of the company’s strategy to reward and retain talent, with the RSUs set to vest on July 31, 2026, and an exercise period of six months. The plan is structured to avoid dilution of earnings per share, as shares will be acquired from the secondary market rather than issuing new ones, thus maintaining shareholder value.

More about HCL Technologies Limited

HCL Technologies Limited is a prominent player in the information technology industry, providing a wide range of services including IT consulting, enterprise transformation, remote infrastructure management, engineering, and R&D services. The company is known for its focus on innovation and technology-driven solutions, catering to a global clientele across various sectors.

YTD Price Performance: -16.61%

Average Trading Volume: 103,925

Current Market Cap: 4285.7B INR

Learn more about HCLTECH stock on TipRanks’ Stock Analysis page.

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