HCL Technologies Ltd


BSE: 532281 | NSE: HCLTECH | ISIN: INE860A01027 
Market Cap: [Rs.Cr.] 33,709 | Face Value: [Rs.] 2
Industry: Computers - Software - Large

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Board Meet

14-May-12 
HCL Technologies Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 14, 2012, has, subject to the approval of the Shareholders, appointed Mr. Vineet Nayar, as the Joint Managing Director of the Company. He would be designated as the Vice-Chairman and CEO of the Company and his remuneration shall remain unchanged. His tenure as Joint Managing Director will be effective for a period of 5 years from May 15, 2012. 
18-Apr-12 
HCL Technologies Ltd has informed BSE that a meeting of the Board of Directors of the Company is scheduled to be held on April 16-18, 2012, to consider the Un-audited Financial Results of the Company for the quarter and nine months ended March 31, 2012, payment of 3rd Interim dividend for the year 2011-12 and other agenda matters. Further the Company has informed that, the Un-audited Financial Results of the Company for the quarter and nine months ended March 31, 2012 and payment of Interim dividend for the year 2011-12 shall be considered on April 18, 2012. Accordingly, the financial results and interim dividend (if any) shall be declared on April 18, 2012. HCL Technologies Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 18, 2012, inter alia, has declared an interim dividend of Rs.2/- per equity share of face value of Rs. 2/- each of the Company. The record date of April 24, 2012 for payment of said interim dividend has been confirmed by the Board of Directors. The payment date of the said interim dividend shall be May 02, 2012. (As Per BSE Announcement Website dated on 18.04.2012) 
17-Jan-12 
HCL Technologies Ltd has informed BSE that a meeting of the Board of Directors of the Company is scheduled to be held on January 16-17, 2012, to consider the Un-audited Financial Results of the Company for the quarter and half-year ended December 31, 2011, payment of 2nd Interim Dividend for the year 2011-12 and other agenda matters. Further the Company has informed that, the Un-audited Financial Results of the Company for the quarter and half-year ended December 31, 2011 and payment of Interim Dividend for the year 2011-12 shall be considered on January 17, 2012. Accordingly, the financial results and interim dividend (if any) shall be declared on January 17, 2012. HCL Technologies Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 17, 2012, inter alia, has declared an interim dividend of Rs. 2/- per equity share of face value of Rs. 2/- each of the Company. The payment date of the said interim dividend shall be February 01, 2012. HCL Technologies Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 17, 2012, inter alia, has re-appointed Mr. Shiv Nadar, Chairman & Chief Strategy Officer of the Company as the Managing Director of the Company on revised terms for a period of 5 years from February 01, 2012, subject to the approval of the shareholders. (As Per BSE Announcement Dated on 17.01.2012) 
18-Oct-11 
Interim Dividend & Quarterly Results HCL Technologies Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 18, 2011, inter alia, has declared an interim dividend of Rs. 4/- per equity share of face value of Rs. 2/- each of the Company which includes 'ONE TIME Special MILESTONE Dividend' of Rs. 2/- per equity share of the Company. (As Per BSE Announcement Website dated on 18.10.2011) 
27-Jul-11 
HCL Technologies Ltd has informed BSE that a meeting of the Board of Directors of the Company is scheduled to be held on July 25, 2011 and July 27, 2011, inter-alia, to : 1. Consider and approve the Audited financial results of the Company for the year ended June 30, 2011. 2. Consider and recommend to the shareholders final dividend for the year ended June 30, 2011. Further, the Company has informed that, the Audited Financial Results of the Company for the year ended June 30, 2011 and the recommendation of final dividend for the said year shall be considered on July 27, 2011. HCL Technologies Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 27, 2011, inter alia, has recommended a final dividend of Re. 2/- per equity share of Rs. 2/- each of the Company for the year ended June 30, 2011 (As Per BSE Announcement Dated on 27.07.2011) 

AGM

02-Nov-11
HCL Technologies Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from October 25, 2011 to November 02, 2011 (both days inclusive) for the purpose of payment of Final Dividend & Annual General Meeting (AGM) of the Company to be held on November 02, 2011. HCL Technologies Ltd has submitted to BSE a Copy of the release being issued by the Company, to analysts and investors, regarding conference call being held on October 18, 2011. (For more details kindly refer Corporate Announcements on www.bseindia.com). HCL Technologies Ltd has informed BSE that the members at the 19th Annual General Meeting (AGM) of the Company will be held on November 02, 2011, at Air Force Auditorium, Subroto Park, Dhaula Kuan, New Delhi 110010, inter alia, have accorded to the following: 1. To receive, consider and adopt the Profit and Loss Account for the year ended June 30, 2011 and Balance Sheet as at June 30, 2011 together with the Reports of the Directors and Auditors thereon. 2. Retirement of Mr. P. C. Sen, Director, who retires by rotation and who has expressed his desire not to seek re-appointment as the Director of the Company, be not re-appointed as Director and that the vacancy thereby caused be not filled up. 3. Mr. T. S. R. Subramanian, Director, who retires by rotation and who has expressed his desire not to seek re-appointment as the Director of the Company, be not re-appointed as Director and that the vacancy thereby caused be not filled up. 4. Mr. Ajai Chowdhry, Director, who retires by rotation and who has expressed his desire not to seek re-appointment as the Director of the Company, be not re-appointed as Director and that the vacancy thereby caused be not filled up. 5. M/s. S. R. Batliboi & Co., Chartered Accountants, be and are hereby re-appointed as the Statutory Auditors of the Company to hold office from the conclusion of this Annual Gene Meeting until the conclusion of the next Annual General Meeting of the Company. 6. To declare a final dividend for the financial year ended June 30, 2011. 7. To appoint Mr. R. Srinivasan as a Director of the Company, liable to retire by rotation. (As Per BSE Announcement Dated on 10.10.2011) HCL Technologies Ltd has informed BSE that the 19th Annual General Meeting (AGM) of the Company was held on November 02, 2011. 1. Adoption of Annual Accounts for the financial year ended June 30, 2011 together with the reports of the Directors and Auditors thereon. 2. Retirement of Mr. P.C. Sen as Director of the Company and resolved not to fill the vacancy caused thereby. 3. Retirement of Mr. T. S. R. Subramanian as Director of the Company and resolved not to fill the vacancy caused thereby. 4. Retirement of Mr. Ajai Chowdhry as Director of the Company and resolved not to fill the vacancy caused thereby. 5. Appointment of M/s. S.R. Batliboi & Co., Chartered Accountants as Statutory Auditors of the Company from the conclusion of this Annual General Meeting until the conclusion of the next Annual General Meeting. 6. Declaration of a final dividend of Rs. 2/- per share on equity shares of face value of Rs. 2/-each. 7. Appointment of Mr. R. Srinivasan as Director of the Company (As Per BSE ANnouncement website Dated on 02/11/2011) HCL Technologies Ltd has informed BSE that the members at the 18th Annual General Meeting (AGM) of the Company held on November 02, 2011, inter alia, have also accorded to the following: 1. Adoption of the audited Balance Sheet of the Company as at June 30, 2011 and the Profit & Loss Account for the year ended on that date together with the reports of the Directors and Auditors thereon. 2. Mr. P. C. Sen, Mr. T. S. R. Subramanian & Mr. Ajai Chowdhry, Directors, who retires by rotation and who has expressed his desire not to seek re-appointment as Directors of the Company, be not re-appointed as Directors and that the vacancy thereby caused be not filled up. 3. Re-appointment of M/s. S. R. Batliboi & Co., Chartered Accountants, as the Statutory Auditors of the Company to hold office from the conclusion of this Annual General meeting until the conclusion of the next Annual General Meeting of the Company, subject to necessary terms & conditions. 4. Declaration of the final dividend, for the year ended June 30, 2011, at the rate of Rs. 2/- per share of Rs. 2/- each on the paid-up equity share capital of the Company. 5. Appointment of Mr. R. Srinivasan as a Director of the Company, liable to retire by rotation. (As Per BSE Announcement Dated on 29.11.2011) 
28-Oct-10
HCL Technologies Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from October 26, 2010 to October 28, 2010 (both days inclusive) for the purpose of Annual General Meeting (AGM) and final dividend being considered in the said AGM of the Company to be held on October 28, 2010. HCL Technologies Ltd has informed BSE that the 18th Annual General Meeting (AGM) of the members of the Company will be held on October 28, 2010, inter alia, to transact the following business: 1. To consider and adopt the Profit and Loss Account for the year ended June 30, 2010 and the Balance Sheet as on that date together with the Reports of the Directors and Auditors thereon. 2. To appoint a Director in place of Mr. Subroto Bhattacharya, who retires by rotation and being eligible, offers himself for re-appointment. 3. To appoint a Director in place of Mr. Vineet Nayar, who retires by rotation and being eligible, offers himself for re-appointment. 5. To appoint a Director in place of Mr. Amal Ganguli, who retires by rotation and being eligible, offers himself for re-appointment. 6. To re-appoint M/s. S A Batliboi & Co., Chartered Accountants, as the Statutory Auditors of the Company to hold office from the conclusion of this Annual General Meeting until the conclusion of the next Annual General Meeting of the Company. 7. To declare a final dividend for the financial year ended June 30, 2010. (As Per BSE Announcement Website dated on 01.10.2010) HCL Technologies Ltd has informed BSE that the members at the 18th Annual General Meeting (AGM) of the Company held on October 28, 2010, approved all the items unanimously as given in the notice of the meeting and reproduced hereunder: 1. Adoption of Annual Accounts for the financial year ended June 30, 2010 together with the reports of the Directors and Auditors thereon. 2. Re-appointment of Mr. Subroto Bhattacharya as Director of the Company. 3. Re-appointment of Mr. Vineet Nayar as Director of the Company. 4. Re-appointment of Mr. Amal Ganguli as Director of the Company. 5. Appointment of M/s. S. R. Batliboi & Co., Chartered Accountants as statutory Auditors of the Company from the conclusion of this Annual General Meeting until the conclusion of the next Annual General Meeting. 6. Declaration of a final dividend of Re. 1/- per share on equity shares of face value of Rs. 2/- each. (As Per BSE Announcement Website dated on 28.10.2010) HCL Technologies Ltd has submitted to BSE a copy of the minutes of the 18th Annual General Meeting (AGM) of the Company held on October 28, 2010. (As Per BSE Announcement Website dated on 30.11.2010)  
08-Dec-09
HCL Technologies Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from December 04, 2009 to December 08, 2009 (both days inclusive) for the purpose of Annual General Meeting (AGM) of the Company to be held on December 08, 2009. HCL Technologies Ltd has informed BSE that the members at the 17th Annual General Meeting (AGM) of the Company held on December 08, 2009, inter alia, have approved the following: 1. Adoption of Annual Accounts for the Financial year ended June 30, 2009 together with the reports of the Directors and Auditors thereon. 2. Re-appointment of Mr. Shiv Nadar, Ms. Robin Abrams & Mr. P. C. Sen as Directors of the Company. 3. Appointment of M/s. S. R. Batliboi & Co., Chartered Accountants as Auditors of the Company from the conclusion of this meeting until the conclusion of the next Annual General Meeting. 4. Declaration of a final dividend of Re. 1/- Per share on equity shares of face value of Rs. 2/- each. 5. Re-appointment of Mr. Shiv Nadar as Managing Director for a period of 5 years w.e.f. September 13, 2009 under the designation of Chairman and Chief Strategy Officer. (As Per BSE Announcement Dated on 08/12/2009) HCL Technologies Ltd has submitted to BSE a copy of the minutes of the 17th Annual General Meeting (AGM) held on December 08, 2009. (As Per BSE Announcement Website dated on 03.02.2010) 
22-Oct-08
HCL Technologies Ltd has informed BSE that the Annual General Meeting (AGM) of the Company will be held on October 22, 2008. HCL Technologies Ltd has informed BSE that the members at the 16th Annual General Meeting (AGM) of the Company held on October 22, 2008, inter alia, have accorded to the following: 1. Adoption of Annual Accounts for the financial year ended June 30, 2008 together with the reports of the Directors and Auditors thereon. 2. Re-appointment of Mr. Amal Ganguli & Mr. T S R Subramanian as Directors of the Company. 3. Appointment of M/s. Price Waterhouse, Chartered Accountants as Auditors of the Company from the conclusion of this meeting until the conclusion of the next Annual General Meeting. 4. Declaration of a final dividend of Rs 3/- per equity share. 5. Approval for payment of Commission upto 1% of the net profits of the Company to Non- Executive Directors u/s/ 309(4) (b) of the Companies Act, 1956. 6. Appointment of Mr. Vineet Nayar as Whole- time Director for a period of 5 years and payment of remuneration to him. 7. Approval to borrow from time to time for the purpose of business of the Company upto Rs 4,000 crores outstanding at any time over and above the aggregate of the paid-up share capital and free reserves of the Company u/s 293(1)(d) of the Companies Act, 1956. 8. Approval for creation of security / charges in respect of the borrowings, upto Rs 4,000 crores over and above the aggregate of the paid- up share capital and tree reserves of the Company u/s 293 (1) (a) of the Companies Act, 1956. 9. Approval for making Investments by way of subscription, purchase and / or otherwise in the securities of any other bodies corporate upto Rs 4,000 crores over and above the limits specified u/s 372A of the Companies Act, 1956. (As Per BSE Announcement Website dated on 22.10.2008) HCL Technologies Ltd has informed BSE regarding the minutes of the 16th Annual General Meeting (AGM) of the Company held on October 22, 2008. (As Per BSE Announcement Website dated on 04.12.2008) 
13-Dec-07
HCL Technologies Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from December 04, 2007 to December 13, 2007 (both days inclusive) for the purpose of payment of final dividend & Annual General Meeting (AGM) of the Company to be held on December 13, 2007. HCL Technologies Ltd has informed BSE that the members at the 15th Annual General Meeting (AGM) of the Company held on December 13, 2007, have approved all the items unanimously: 1. Adoption of Annual Accounts for the financial year ended June 30, 2007 together with the reports of the Directors and Auditors thereon. 2. Re-appointment of Mr. Shiv Nadar, Ms. Robin Abrams & Mr. Subroto Bhattacharya as Directors of the Company. 3. Appointment of M/s. Price Waterhouse, Chartered Accountants as Auditors of the Company from the conclusion of this meeting until the conclusion of the next Annual General Meeting. 4. Declaration of a final dividend of Rs 2/- per equity share. (As per BSE Announcement Website dated on 13/12/2007) 

EGM

21-Dec-04
Approved a preferential issue of 19,358,989 equity shares of Rs 2 each fully paid up at a price of Rs 361/- per share to Deutsche Bank AG (DB), subject to the necessary regulatory and other approvals, including the approval of the shareholders of the Company. An Extra Ordinary General Meeting of the shareholders is being scheduled for December 21, 2004 for this purpose. The proposed issue of shares by the Company is in terms of the Joint Venture Agreement of September 2001 with DB and would constitute the purchase consideration for acquiring of balance 49% stake in DSI Financial Solutions Pte Ltd (DSI), Singapore, currently held by DB. At the conclusion of this transaction, DSI and its wholly owned subsidiary DSL Software Ltd, will become wholly owned subsidiaries of HCL. EGM 21/12/2004 To Consider preferential issue of 19,358,989 equity shares of Rs 2 each fully paid up at a price of Rs 361/- per share to Deutsche Bank AG (DB). The company has informed that the shareholders of the Company at their Extraordinary General Meeting held on December 21, 2004, have by way of Special Resolution approved the preferential issue of 19,358,989 fully paid up equity shares of Rs 2/- each of the Company at a price of Rs 361/- per share (including Rs 359/- per share as share premium) to Deutsche Bank AG, Germany in consideration for acquiring 4,900 issued and outstanding shares of DSI Financial Solutions Pte. Ltd, Singapore representing 49% stake therein. (As per BSE Bulletin dated on 21/12/2004) 
10-Apr-04
EGM 10/04/2004 The Delhi High Court Convened Meetings of the shareholders and unsecured creditors of the company and the unsecured creditors of HCL Technologies (Mumbai) Ltd and HCL Technologies BPO Services Ltd, the Transferor Companies to consider and approve the Scheme of Amalgamation of HCL Technologies BPO Services Ltd and HCL Technologies (Mumbai) Ltd with the company.  
24-Mar-03
EGM 24/03/2003 To approve scheme arrangement between the company and HCL Infosystems Ltd., HCL Infinet Ltd., and thier respective shareholders and creditors.  

Peer Comparison

Company Market Cap
(Rs. in Cr.)
P/E (TTM)
(x)
P/BV (TTM)
(x)
EV/EBIDTA
(x)
ROE
(%)
ROCE
(%)
D/E
(x)
TCS 239,042.62 23.56 9.66 16.02 49.5 59.3 0.00
Infosys 136,476.75 18.08 4.59 11.71 31.2 42.7 0.00
Wipro 96,412.40 20.58 3.96 18.37 24.8 23.4 0.26
HCL Technologies 33,709.22 20.10 5.75 20.18 22.2 21.0 0.22
Oracle Fin.Serv. 20,289.57 22.02 3.25 13.21 20.8 22.2 0.00
Satyam Computer 9,114.32 7.90 2.75 60.06 0.0 0.0 0.02
Tech Mahindra 8,485.79 16.49 2.24 9.70 22.3 17.8 0.63
MphasiS 7,875.00 10.93 2.32 7.21 24.8 27.9 0.04
Patni Computer 7,006.46 14.73 2.08 8.41 15.8 18.7 0.00
Polaris Finan. 1,103.29 6.02 1.01 7.44 22.0 25.5 0.00
Hewlett-Packard 0.11 0.00 0.00 0.00 15.5 19.6 0.00

Futures & Options Quote

 
Expiry Date
483.95 2.45  [0.5]%
Instrument: FUTSTK
Expiry Date: 31 May 2012
Open Price: 487.90
Average Price: 484.00
No. of Contracts Traded: 76,000
Open Interest: 2,693,500
Underlying: HCLTECH
Market Lot: 500
Previous Close: 486.40
Day’s High | Low: 487.90 | 482.15
Turnover (Cr.): 3.68
Open Int. Change: 11,500.00 (0.4% )
View detailed F& O quotes >>

Key Information

Key Executives:

Shiv Nadar , CMD & Chief Strategy Officer 

Robin Abrams , Director 

Subroto Bhattacharya , Director 

Amal Ganguli , Director 


Company Head Office / Quarters:
806 Siddharth,
96 Nehru Place,
New Delhi,
New Delhi-110019
Phone : 91-11-26444812
Fax : 91-11-26436336
E-mail :
investors@hcl.in
compliance-officer@hcl.in
Web :
http://www.hcltech.com
http://www.hcl.in
Registrars:
Alankit Assignments Ltd
205/208
Anarkali Market
Jhandewalan Extn
New Delhi - 110055

Fund Holding


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