Hexaware Technologies Limited has informed the Exchange regarding 'Modifica􀆟on to the Trust Deed consequent to the change in composi􀆟on of the Trustees ofHexaware Employees Stock op􀆟on Trust 2024'.
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Hexaware Technologies has informed the stock exchange about a modification to the Trust Deed of its 'Hexaware Employees Stock Option Trust 2024'. The change was made because the composition of the trustees of this ESOP trust has changed. The Trust Deed is the legal document governing how the employee stock option trust operates. This is a routine administrative and corporate governance update filed to keep the exchange informed of changes to the trust structure that oversees the company's ESOP scheme.
This is a routine compliance disclosure with no direct material impact on shareholders or stock price. It simply reflects a change in who manages the ESOP trust and does not signal any change in the company's business or financial position.