India’s second largest IT company rel=”dofollow” href=”https://economictimes.indiatimes.com/infosys-ltd/stocks/companyid-10960.cms” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank”>Infosys‘ board has approved the grant of ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/stock-incentives” target=”_blank”>stock incentives or ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/employee-stock-option-plans” target=”_blank”>Employee Stock Option Plans (ESOPs) worth over Rs 51 crore to CEO and MD ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/salil-parekh” target=”_blank”>Salil Parekh. These stock incentives are under various heads including ESG and equity, and add up to over Rs 51 crore.
In a recent filing, the company said the board, based on the recommendations of the Nomination and Remuneration Committee, approved the said annual grants to Parekh, as per his employment agreement approved by shareholders.
Among them is “grant of annual…
