Infosys has approved restricted stock units worth approximately ₹52 crore for its Chief Executive Officer and Managing Director, Salil Parekh, as part of his annual performance-linked compensation, even as the company has yet to decide on employee salary hikes for FY27.
The grant, cleared by the Infosys board on April 23, 2026, based on recommendations from the Nomination and Remuneration Committee, will be issued as restricted stock units (RSUs) under the company’s existing stock compensation plans. The total package, valued at ₹51.75 crore, comprises four components. The largest is a ₹34.75 crore annual performance equity grant that will vest 12 months from the grant date, subject to performance targets.
A ₹2 crore ESG-linked component is tied to environment, social and governance milestones. A ₹5 crore total shareholder return (TSR) grant will vest on or after March 31, 2027, based on cumulative two-year TSR performance. The remaining ₹10 crore falls under the Infosys Expanded Stock Ownership Program 2019. All RSUs will be granted effective May 2, 2026, with the number of units determined by Infosys’ share price on the grant date.
In an exchange filing dated April 23, 2026, the company stated, “The grant of annual performance-based stock incentives in the form of Restricted Stock Units covering the Company’s equity shares having a market value of Rs 34.75 crore shall vest 12 months from the date of grant, subject to achievement of performance targets.”
Infosys, India’s second-largest IT services company, reported a strong March quarter, with consolidated net profit rising 20.87% year-on-year to ₹8,501 crore in Q4 FY26. Revenue from operations for the quarter grew 13.38% YoY to ₹46,402 crore. The company has guided for constant currency revenue growth of 1.5% to 3.5% for FY27 and plans to hire around 20,000 freshers in the current fiscal.
In contrast to the clarity on executive compensation, the company has yet to finalise wage revisions for its broader workforce. Chief Financial Officer Jayesh Sanghrajka said during the post-earnings interaction that both the timing and quantum of employee salary hikes remain under review.
The structure of Parekh’s grant closely mirrors last year’s award of about ₹50 crore, indicating continuity in the company’s executive pay framework. The decision lands amid a cautious operating environment for the IT services sector, marked by slower deal ramp-ups and pressure on discretionary spending. The timing of broader employee salary increases is expected to depend on demand visibility and margin stability in the coming quarters.
