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HCL Technologies Ltd Capital/Financing Update 2024

Jul 12, 2024

62415_rns_2024-07-12_54f6461d-b277-403b-b563-be7f3d646ece.pdf

Capital/Financing Update

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July 12, 2024

The General Manager The Manager BSE Limited National Stock Exchange of India Limited Corporate Relationship Department Listing Department Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor, Dalal Street Plot No. C-1, Block-G Mumbai- 400 001 Bandra-Kurla Complex, Bandra(E) Mumbai-400 051 BSE Scrip Code: 532281 NSE Scrip Code: HCLTECH Sub: Grant of Restricted Stock Units (RSUs) Dear Sirs,

This is to inform you that the Nomination and Remuneration Committee (‘NRC’) on July 11, 2024, has granted RSUs to the eligible employees of the Company and its subsidiaries under the HCL Technologies Limited - Restricted Stock Unit Plan 2021 (“RSU Plan 2021”) and HCL Technologies Limited - Restricted Stock Unit Plan 2024 (“RSU Plan 2024”), as per details given hereunder:

Particulars Details of RSUs granted
Brief details of RSUs granted
7,384 RSUs granted to 4 eligible employees of the Company
and its subsidiaries under the RSU Plan 2021.

15,20,235 RSUs granted to 1,402 eligible employees of the
Company and its subsidiaries under the RSU Plan 2024.
Each RSU shall entitle the RSU holder one fully paid-up equity share
of ₹ 2/- each of the Company against each RSU vested and
exercised.
The aforesaid RSU Plans are being implemented through a trust
mechanism wherein the trust acquires the shares from the
secondary market and transfers the same to the eligible employees
on exercise. No fresh shares shall be issued by the Company either
to the trust or to the employees in terms of the RSU Plans.

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Corporate Identity Number: L74140DL1991PLC046369 Registered Office: 806 Siddharth, 96, Nehru Place, New Delhi -110009, India

Technology Hub , Special Economic Zone Plot No. 3A, Sector 126, NOIDA– 201304, UP, India t: +91 0120 430600 f: +91 120 4680330

Whether the scheme is in terms of
the SEBI (Share Based Employee
Benefits
and
Sweat
Equity)
Regulations, 2021
Yes
Vesting Period •7,384 RSUs under RSU Plan 2021 to vest on June 30, 2027.
•6,75,729 RSUs under RSU Plan 2024 to vest on July 31, 2025.
•8,44,506 RSUs under RSU Plan 2024 to vest on June 30, 2027.
Exercise Period The vested RSUs shall be exercised by the eligible employees within
a maximum period of 6 months from the date of vesting of RSUs.
Exercise Price ₹ 2/- Per RSU_i.e._at Par value of equity share.
Diluted
earnings
per
share
pursuant to issue of equity shares
on exercise of RSUs.
There will not be any dilution of earnings per share as no fresh shares
shall be issued in terms of the RSU Plans.

This is for your information and records.

Yours faithfully,

For HCL Technologies Limited

Manish Digitally signed by Manish Anand Anand Date: 2024.07.12 16:12:49 +05'30'

Manish Anand Company Secretary

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Corporate Identity Number: L74140DL1991PLC046369 Registered Office: 806 Siddharth, 96, Nehru Place, New Delhi -110009, India

Technology Hub , Special Economic Zone Plot No. 3A, Sector 126, NOIDA– 201304, UP, India t: +91 0120 430600 f: +91 120 4680330