Hexaware Tech approves reconstitution of the committee of the board; stock trades lower

Shares of Hexaware Technologies slipped 1% in the morning trade on the BSE. The Board has approved reconstitution of committees of the board.

Further, the company said that the Nomination & Remuneration Committee of the Board at its meeting held today has considered and approved the exercise of 15,640 RSUs by Employees under the Employees Stock Option Scheme 2015.

Pursuant to the recommendation of Nomination & Remuneration Committee, the Board has approved allotment of 15,640 Shares to employees on exercise of RSUs under ESOPs, the company said.

Hexaware Technologies Ltd is currently trading at Rs334.15, down by Rs3.05 or 0.9% from its previous closing of Rs337.20 on the BSE.

The scrip opened at Rs339.25 and has touched a high and low of Rs339.50 and Rs333.45 respectively.

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