HCL Technologies Capacity Expansion
HCLTech launched a new Global Technology Center in GIFT City, Gujarat. The facility focuses on AI-led solutions for financial services and includes an AI Lab.
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HCLTech launched a new Global Technology Center in GIFT City, Gujarat. The facility focuses on AI-led solutions for financial services and includes an AI Lab.
HCLTech is acquiring 100% of Guardian India Operations for ₹101.17 Crore. The deal strengthens its capabilities in insurance technology and operations services.
HCLTech signed a seven-year AI modernization agreement with Guardian and will acquire Guardian India for Rs. 100.8 Crore. Nearly 2,000 employees will transition to HCLTech.
HCLTech reported Q1 FY27 revenue of $3.65B with 16.9% EBIT margins, emphasizing a major pivot toward becoming an 'AI-first' solutions provider through a new $417M (INR 3,500 Cr) AI data center investment.
HCL Technologies granted 43,27,271 Restricted Stock Units to 2,111 employees. The grant uses a trust mechanism with secondary market shares, ensuring no equity dilution.
HCL Tech approved incorporating a new Indian subsidiary for AI Data centers. Initial cash investment totals Rs. 0.15 Crore for 100% shareholding.
HCL Technologies declared an interim dividend of ₹12 per equity share for Q1 FY27. The record date is July 17, 2026, with payment by July 27.
HCL Technologies announced the reconstitution of its NRC and SRC committees effective July 31, 2026. This follows the completion of Ms. Nishi Vasudeva's tenure as Independent Director.
HCLTech appointed Jacob Christian Dahl as an Independent Director for five years. His extensive global banking and strategy experience aims to support the company's growth.
HCLTech approved a Rs. 3,500 crore investment to establish AI data centers in India. The project aims to scale up to 50MW capacity through new subsidiaries.
HCL Technologies Ltd reported revenue from operations of ₹34,675 Cr (+3.0% YoY) and net profit of ₹4,636 Cr (+8.4% YoY) for Q1 FY27.
HCLTech reported Q1 FY27 revenue of ₹34,579 Crore and net income of ₹4,624 Crore. The company declared a dividend of ₹12 per share.
HCL Technologies Ltd reported revenue from operations of ₹34,579 Cr (+13.9% YoY) and net profit of ₹4,626 Cr (+20.3% YoY) for Q1 FY27.
HCLTech's Actian division has expanded its data management portfolio with Jaspersoft's embedded analytics. This operational update enhances its AI-driven insights for enterprise customers.
HCLTech secured ISO/IEC 42001:2023 certification for its AI Management System. Its consolidated revenue for FY2025-26 stood at $14.7 billion (≈ 139,650 Cr).
HCL Technologies secured a USD 1.14 Billion (Rs. 10,830 Crore) contract from a Fortune Global 50 firm. The five-year partnership involves AI-driven digital workplace transformation.
HCLTech granted RSUs to employees under its 2021 and 2024 plans. No fresh shares will be issued; shares will be transferred from a trust mechanism.
HCLTech secured a $1.14B AI partnership with a Fortune Global 50 Firm. The 5-year deal, extendable, marks a major new business win.
HCLSoftware completed the acquisition of Jaspersoft from Cloud Software Group. The deal became effective July 1, 2026, enhancing HCL's software portfolio.
HCLTech was named Dell’s 2026 Global Alliances Americas Partner of the Year. Its consolidated revenue for FY23 was $14.7 bn (≈₹138,180 Cr).
HCLTech completed a ₹1,427.25 crore investment in Axonwise Private Limited. This transaction secures a 10.46% stake in Sarvam AI.
HCLTech has been selected as a strategic partner by Neste. The long-term engagement focuses on AI-led efficiency transformation and IT service consolidation.
HCL Tech's board will meet on July 13, 2026, to consider Q1 results and an interim dividend. Investors should watch for the outcome on that date.
HCLTech invested ₹1,427.25 Crore for a 10.46% stake in Sarvam AI. This strategic minority investment strengthens its sovereign AI capabilities.
HCLTech has been recognized as a Leader in the 2026 Gartner Magic Quadrant for Managed Network Services. This marks the fifth consecutive year, reinforcing its market position and AI-led capabilities.
HCLTech shareholders approved the appointment of Ms. Kimsuka Narsimhan as an Independent Director via postal ballot. The resolution passed with 99.76% votes in favour.
HCLTech launched a new AI Innovation Zone in Santa Clara in collaboration with Google Cloud. The facility focuses on designing and deploying enterprise-scale agentic AI solutions.
HCLTech awarded $1 million in climate action grants to three NPOs in the Americas. This CSR initiative supports scalable water security and biodiversity conservation projects.
HCLTech was named among America’s Best Employers for New Grads by Forbes for the third consecutive year. This recognition highlights the company's strong global early-career talent ecosystem.
HCLTech launched an AI-powered Autonomous Finance platform utilizing Google Cloud's Gemini Enterprise. The solution automates end-to-end finance operations, enhancing efficiency for global enterprise clients.