Date: July 3, 2026 (Grant Date), July 13, 2026 (Filing Date)

Board Meeting Outcomes

The Nomination and Remuneration Committee approved by circulation on July 3, 2026, the grant of Restricted Stock Units (RSUs) to eligible employees of the Company and its subsidiaries under two plans:

  • HCL Technologies Limited - Restricted Stock Unit Plan 2021 (RSU Plan 2021)
  • HCL Technologies Limited - Restricted Stock Unit Plan 2024 (RSU Plan 2024)

ESOP / RSU Details

Grant Details

  • RSU Plan 2021: 204,784 RSUs granted to 9 eligible employees
  • RSU Plan 2024: 4,122,487 RSUs granted to 2,102 eligible employees
  • Total Grants: 4,327,271 RSUs representing 0.159% of paid-up equity share capital as on date

Settlement Mechanism

  • Each RSU entitles holder to one fully paid-up equity share of the Company
  • Shares will be transferred from trust holdings (acquired from secondary market) rather than new issuance
  • Implementation through trust mechanism as per SEBI (Share Based Employee Benefits) Regulations, 2014

Vesting Schedule

RSU Plan 2021

  • July 31, 2027: 204,784 RSUs

RSU Plan 2024

  • July 31, 2027: 3,760,726 RSUs
  • June 30, 2028: 124,330 RSUs
  • July 31, 2028: 78,345 RSUs
  • June 30, 2029: 13,814 RSUs
  • July 31, 2029: 145,272 RSUs

Exercise Terms

  • Exercise Period: Maximum 6 months from date of vesting
  • Exercise Price: ₹2 per RSU (at par value of equity share)

Financial Impact

  • No dilution of earnings per share as no fresh shares will be issued
  • Shares will be transferred from existing trust holdings

Compliance & Filing

The company initially filed this disclosure on July 3, 2026, but resubmitted on July 13, 2026, due to technical glitch on NSE's NEAPS system while it was available on BSE listing center.