HCL Technologies Limited (HCLTECH) — Board Meeting | 24 July 2025(2 announcements)
HCL Technologies' Board approved variations to its RSU Plan 2024 on July 24, 2025. The overall RSU grant limit increased by 33,00,000 RSUs (from 84,60,000 to 1,17,60,000), and the per-employee maximum rose from 13,00,000 to 33,00,000 RSUs. Critically, the Trust will acquire shares via secondary market; no fresh equity will be issued, ensuring zero dilution for shareholders. Total RSU-backed equity represents 0.43% of share capital.
HCL Technologies announced the re-appointment of C. Vijayakumar as Managing Director and CEO for a five-year term starting September 1, 2025, through March 31, 2030, following board approval and regulatory compliance. The meeting concluded at 7:15 PM IST on July 24, 2025, with no shareholder approval required prior to appointment.
About HCL Technologies Limited (HCLTECH)
Information Technology · IT - Software · Listed on NSE
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