BackInfosys grants restricted stock units to Vishal Sikka
The company has granted 124,061 RSUs at a grant price of `5 per unit to Sikka
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New Delhi: Country’s second largest software services firm Infosys Ltd has granted 124,000 restricted stock units (RSUs) to its chief executive Vishal Sikka.
“Based on the recommendation of the Nomination and Remuneration Committee of the Board, the Board in its meeting held on 22 June 2015 granted 124,061 RSUs to Dr Vishal Sikka," Infosys said in a filing to the BSE.
The grant price of the RSU is ₹ 5 per unit and is subject to terms, definitions, and provisions of the 2011 RSU Plan, it added.
The board has also approved the proposal to buy the healthcare business from Infosys Public Services, Inc.
The Bengaluru-based firm has also released its annual sustainability report.
It said at the end of fiscal 2015, Infosys reduced its per capita consumption of electricity by 46% and 30% of its energy requirements are met through renewable sources.
“Furthermore, the company has lined up an investment outlay of USD 65 million to explore carbon-offset projects in an attempt to meet this commitment by 2018," it added.
During fiscal 2015, 74.98 million units of green power was used, which contributed to about 29.11% of the overall electricity requirements of the Infosys campuses in India.
Infosys said it plans to meet 40% of its electricity requirements from renewable energy sources.
“Infosys is also taking steps to reduce the water consumption and the company aims to reduce per capita freshwater consumption by 5 per cent over fiscal 2015 levels by 2015-2016," it said.
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