Infosys gives ESOPs worth ₹50 crore to CEO Salil Parekh in FY25
India’s second-largest IT company, Infosys Ltd, on Thursday, April 17, disclosed that the company has granted more than ₹50 crore in Employee Stock Ownership Plan (ESOP) to Salil Parekh, the managing director and chief executive officer (CEO) in the 2025 fiscal.
The IT major announced its January to March quarter results for the financial year ending 2024-25, on April 17, after the stock market operation hours.
According to the exchange filing, Infosys has allotted CEO Salil Parekh stock options worth ₹51.75 crore in multiple tranches. The BSE filing also shows that a total of 5,000 Restricted Stock Units (RSU) have been granted to the eligible employees, which will be equally vested over a period of four years after which the price will be at par with the value of the shares.
Grants to Infosys CEO
The first segment of the grant to the CEO comprises performance-based stock incentives with a market value of ₹34.75 crore.
“The grant of annual performance-based stock incentives (Annual Performance Equity Grant) in the form of Restricted Stock Units (RSU’s) covering Company’s equity shares having a market value of ₹34.75 crore as on the date of the grant under the 2015 Stock Incentive Compensation Plan (2015 plan) which shall vest 12 months from the date of grant subject to achievement of performance targets as determined by the Board,” said Infosys in the filing data.
Other grants comprised a ₹2 crore in RSU grant for ESG, which shall vest in the upcoming 12 months, a ₹5 crore Equity TSR grant, which will be eligible to vest on or after March 31, 2027. The remaining ₹10 crore was an annual stock incentive, which will be eligible to vest in the next 12 months.
Infosys Q4 Results
IT major Infosys announced an 11.75 per cent fall in consolidated net profits to ₹7,033 crore in the January to March quarter of the financial year 2024-25, compared to ₹7,969 crore in the same period a year ago.
The company’s revenue from core operations rose 8 per cent to ₹40,925 crore for the fourth quarter, compared with ₹37,923 crore in the same period, the previous financial year.
The company also announced a final dividend of ₹22 per equity share for the FY25.
“The Board, at their meeting held on April 16-17, 2025, recommended a final dividend of ₹22/- per equity share for the financial year ended March 31, 2025,” said Infosys.
This final dividend announcement will make eligible shareholders receive a dividend issue of ₹22 per share against the total number of shares they hold. The issue’s “Record Date” is fixed to May 30, 2025, while the dividend payment will be issued on June 30, 2025.
