Infosys has approved stock incentives worth approximately ₹51.75 crore for its Chief Executive Officer and Managing Director Salil Parekh, according to an exchange filing released alongside its fourth-quarter results on Thursday. The decision was cleared by the company’s board on April 23 following recommendations from its Nomination and Remuneration Committee.
The stock grants are being issued under the company’s 2015 Stock Incentive Compensation Plan and the Infosys Expanded Stock Ownership Program 2019. These awards are structured to align executive compensation with performance metrics, including financial outcomes, shareholder returns, and environmental, social, and governance (ESG) targets. The move reflects Infosys’ continued emphasis on performance-linked remuneration for its leadership team.
A significant portion of the grant to Parekh is an annual performance equity award valued at ₹34.75 crore, issued as restricted stock units (RSUs) under the 2015 plan. This component will vest after 12 months, subject to the achievement of performance targets set by the board. In addition, the company has approved an ESG-linked grant worth ₹2 crore, which will also vest after one year if predefined sustainability milestones are met.
Also Read: Infosys Declares Dividend, Narayana Murthy’s Grandson To Earn Over ₹7 Crore In FY26
Further, Infosys sanctioned a total shareholder return (TSR)-linked grant worth ₹5 crore, also under the 2015 plan. This portion will vest on or after March 31, 2027, based on the company’s cumulative relative TSR performance over a two-year period. Separately, a ₹10 crore grant has been approved under the 2019 stock ownership program, which will vest after 12 months depending on performance criteria.
The company stated that these RSUs will be granted effective May 2, 2026, with the final number of units to be determined based on the closing market price on the trading day immediately preceding the grant date. This ensures that the value of the award aligns with prevailing market conditions at the time of issuance.
In addition to executive compensation, Infosys also approved stock-based incentives for eligible employees. The board cleared 27,193 RSUs under the 2015 plan, along with performance-based equity awards worth ₹1.90 crore under the 2019 program. These employee grants are designed to vest over two to three years, depending on the scheme and performance conditions, reinforcing the company’s broader strategy of incentivizing and retaining talent.
Also Read: Infosys Declares Dividend, Narayana Murthy’s Grandson To Earn Over ₹7 Crore In FY26