HCL Technologies Ltd

Investor conferences

• Participating in London NDR on September 2–3, 2026, hosted by Axis Capital.
• Participating in Jefferies India Forum on September 16–18, 2026, hosted by Jefferies, Gurugram.
• Executives may hold one-on-one meetings with select investors; no unpublished price-sensitive information will be shared.

Key findings

• Release of HCLTech and Mobile World Live Telecom Pulse Survey findings.
• 60% of telecom leaders view AI as a key future revenue driver.
• Only 25% believe their organizations are ready to operationalize AI at scale.
• Legacy infrastructure, cloud-native modernization, and skills hinder AI readiness.
• Nearly 70% say connectivity services are increasingly commoditized.
• Nearly 80% launched fewer than five new digital products in the last year.
• Half cite partnerships with hyperscalers and AI platform providers as essential.
• HCLTech's 12-month revenue ending June 2026 totaled $14.8 billion.

Partnership expansion details

• HCLTech and NetApp expand collaboration to offer hybrid cloud STaaS for AI and data-driven workloads.
• Integration combines HCLTech's U4X framework with NetApp Keystone for flexible, consumption-based storage.
• AI Factory offerings support AI development, deployment and operations with on-demand scalability.
• Consolidated revenues for the 12 months ended June 2026 totaled $14.8 billion.
• Global footprint: 223,000+ employees across 60 countries.

AGM Details

• AGM held on 12 August 2026 at 11:00 IST via VC/OAVM.
• Attendance: 189 members via VC/OAVM.

Resolutions

• Resolution 1 (Ordinary): Adoption of Audited Financial Statements and Board and Statutory Auditors' reports.
• Resolution 2 (Ordinary): Re-appointment of Shikhar Neelkamal Malhotra as Director liable to retire by rotation.
• Resolution 3 (Special): Appointment of Jacob Christian Dahl as Independent Director.

Voting results

• Voting results to be declared within timelines; detailed results not included here.

Dividend

• Dividend of ₹60 per share for FY26 declared.

Directors & Auditors

• Shikhar Neelkamal Malhotra re-appointed as Director by rotation.
• Jacob Christian Dahl appointed as Independent Director.
• Statutory auditors attended; no changes announced.

Key update

• HCLTech named a Leader in Gartner Magic Quadrant 2026 for Public Cloud Optimization and Transformation Services.
• Remains a Leader in PCOTS MQ, sustaining leadership from 2021 to 2025.
• Emphasizes cloud automation, scalability, and industry-focused solutions across sectors.
• Consolidated revenues for year ending June 2026 totaled $14.8 billion.
• Notes flexible commercial models including sustainability-linked and experience-based frameworks.
• CTO emphasizes scalable, resilient cloud transformation delivering long-term business value.

CSR initiative details

• HCLTech marks 50th anniversary with 50,000 native saplings planted.
• 50 beaches across India participated in clean-up drives.
• 74,000 acres greened to date.
• 155 billion liters of water harvested to date.
• 181,000+ saplings planted and 120,800 kg ghost nets collected.
• Over 8.5 million lives positively impacted.

Data breach clarification

• Initial investigation indicates exposure may be limited to years past; no evidence of systems or client breach.
• Further investigation ongoing; material findings will be reported.

OpenAI Advanced Partner status

• HCLTech named OpenAI Advanced Partner in the OpenAI Partner Network.
• As Advanced Partner, HCLTech will collaborate with OpenAI to build and scale AI-native solutions.
• AI Force platform integrated with OpenAI models to accelerate productivity and value from AI investments.
• OpenAI Agentic Transformation Studio expanded to help enterprises govern and scale AI across functions and workflows.
• Studio combines AI Governance, Agentic Engineering, AgentOps and optimization capabilities to accelerate AI adoption.
• Consolidated revenues totaled $14.8 billion for the 12 months ending June 2026.
• Headcount exceeds 223,000 across 60 countries.

Independent Director retirement

• Ms. Nishi Vasudeva, Independent Director.
• Reason: retirement on completion of tenure.
• Effective from close of business on July 31, 2026.
• Cessation as Chairperson, Stakeholders' Relationship Committee.
• Cessation as member of Audit, Risk Management, and Nomination & Remuneration Committees.