HCL Technologies has granted Restricted Stock Units (RSUs) to eligible employees under two employee stock plans, following a decision by the company's Nomination and Remuneration Committee (NRC) on January 8, 2026. The grant involves a total of 25,260 RSUs distributed among 6 employees across the company and its subsidiaries.

RSU Grant Details

The RSU allocation was made under two distinct plans, with varying numbers of beneficiaries and grant sizes:

Each RSU entitles the holder to one fully paid-up equity share of ₹2.00 each upon vesting and exercise. The total RSUs represent 0.001% of the company's paid-up equity share capital as of the grant date.

Vesting Schedule and Timeline

The RSUs will vest over different periods depending on the plan, with staggered vesting dates to ensure employee retention:

RSU Plan 2021 Vesting:

RSU Plan 2024 Vesting:

Exercise Terms and Implementation

The RSU plans operate under specific terms designed to align employee interests with company performance:

• Exercise Period: Vested RSUs must be exercised within 6 months from the vesting date
• Exercise Price: ₹2.00 per RSU, equivalent to the par value of equity shares
• Implementation Mechanism: Both plans are implemented through a trust mechanism where the trust acquires shares from the secondary market

Importantly, no fresh shares will be issued by the company either to the trust or to employees under these RSU plans, ensuring no dilution of existing shareholders' holdings.

Regulatory Compliance and Cancellations

The RSU schemes comply with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. As part of the restructuring, the company cancelled 23,925 RSUs under the RSU Plan 2024 that were previously approved for grant but not yet allocated.

Since no new shares will be issued under these plans, there will be no dilution of earnings per share for existing shareholders. The trust-based implementation ensures that employee benefits are provided through market purchases rather than fresh equity issuance.

HCL Technologies has announced its conference call schedule to discuss the third quarter FY2026 financial results for the period ended December 31, 2025. The IT services major will release its Q3FY26 results on Monday, January 12, 2026, post-closing of Indian stock markets, followed by a management discussion with investors and analysts.

Conference Call Details

The senior management of HCL Technologies will conduct an audio conference call at 7:30 PM IST for 60 minutes to discuss the quarterly results. The session will include a detailed question-answer segment following the results presentation.

Participation Access

Participants can join the conference call through multiple dial-in options across different regions:

The company has also provided an Express Join option with Diamond Pass™ for no wait time access through a dedicated registration link. Additionally, a live audio webcast of the conference call will be available on the company's investor relations website.

Replay and Additional Information

A replay of the conference call will be available one hour after the conclusion of the session until January 19, 2026. Participants can access the replay by dialing +91-22-7194-5757 with playback ID 425.

For investor-related queries, participants can contact Nitin Mohta, Head of Investor Relations, while corporate communication matters can be directed to Ashutosh Sharma, Global Head of Corporate Communications. Both contacts are reachable at +91-120-6126000 with their respective email addresses provided in the official communication.