HCL Technologies Limited — Important, 16-04-2025: Updates

The Nomination and Remuneration Committee has granted a total of 2,810,304 Restricted Stock Units (RSUs) to eligible employees under the HCL Technologies Limited - Restricted Stock Unit Plan 2021 and 2024. This extensive grant consists of 9,71,955 RSUs awarded to 1,600 employees under RSU Plan 2021 and 18,38,349 RSUs to 203 employees under RSU Plan 2024. Each RSU entitles the holder to one fully paid-up equity share of ₹2 each. The RSUs will be vested over specified timelines, with the first vesting for the 2021 plan occurring on June 30, 2026, and for the 2024 plan between April 30 and July 31, 2026. Notably, no fresh shares will be issued as the RSUs will be facilitated through a trust mechanism, sourced from the secondary market. This development reinforces the company's commitment to align employee interests with shareholder value, driving a positive outlook for long-term organizational performance.