NSEUpdates13 Jul 2026 · 13 Jul 2026, 06:43 pm

Updates

HCL Technologies Limited · HCLTECH

✦ AI Summary▲ PositiveExpansion

HCL Technologies Limited has announced the launch of a full-stack AI offering, powered by a new AI data center investment of up to Rs. 3,500 crores. The investment will be made through the company's new subsidiaries and will enable the company to capture the full value of the opportunity in the AI data center space.

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Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk3/10
Liquidity Impact9/10
Market Sentiment9/10

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HCL Technologies Limited has informed the Exchange regarding 'Release - HCLTech launches full-stack AI offering, powered by new AI data center investment'.

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HCLTECH_13072026184141_AIdatacentre.pdf

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July 13, 2026 The General Manager The Manager BSE Limited National Stock Exchange of India Limited Listing Department Listing Department Phiroze Jeejeebhoy Towers Exchange Plaza Dalal Street 5th Floor, Plot No. C-1, Block-G Mumbai- 400 001 Bandra-Kurla Complex, Bandra(E) Mumbai-400 051 BSE Scrip Code: 532281 NSE Scrip Code: HCLTECH Subject: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations 2015 and Release - HCLTech launches full-stack AI offering, powered by new AI data center investment Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), this is to inform you that the Board of Directors of the Company in its meeting held today has approved investment up to Rs. 3,500 crores (Rupees Three Thousand Five Hundred Crores), for setting up data centre(s) in India. The aforesaid investment shall be made through the Company’s new subsidiaries (direct / step- down) that would be setup for this purpose. The details of a new subsidiary that is being set-up now is enclosed as Annexure 1. A press release issued by the Company in this regard is enclosed as Annexure 2. The Board meeting commenced at 1:05 P.M. (IST) and concluded at 5:05 P.M. (IST) on July 13, 2026. This is for your information and records. Yours faithfully, For HCL Technologies Limited Manish Anand Company Secretary Encl.:a/a HCL Technologies Ltd. Technology Hub, Special Economic Zone Corporate Identity Number: L74140DL1991PLC046369 Plot No. 3A, Sector 126, NOIDA– 201304, UP, India Registered Office: t: +91 120 4306000 806 Siddharth, 96, Nehru Place, New Delhi -110009, India Annexure 1 Disclosure in terms of Regulation 30(4) of the SEBI (Listing Obligations and Disclosures Requirements) Regulations 2015 1. Name of the entity, date & country of The subsidiary company is yet to be incorporation, etc. incorporated in India 2 Name of holding company of the The company to be incorporated shall be incorporated company and relation a wholly owned subsidiary of HCL Technologies Limited. with the listed entity 3 Industry to which the entity being Information Technology Infrastructure incorporated belongs 4 brief background about the entity To setup AI Data centre(s) through its incorporated in terms of products / line subsidiary(ies) of business 5 Brief details of any Governmental or Not Applicable regulatory approvals required for the incorporation 6 nature of consideration - whether cash Cash consideration for subscription of consideration or share swap and details shares. of the same 7 cost of subscription / price at which the Initial investment up to Rs. 15 lakhs for shares are subscribed. setting up the subsidiary and further investment to be made as and when required. 8 percentage of shareholding / control by 100% the listed entity and / or number of shares allotted. HCL Technologies Ltd. Technology Hub, Special Economic Zone Corporate Identity Number: L74140DL1991PLC046369 Plot No. 3A, Sector 126, NOIDA– 201304, UP, India Registered Office: t: +91 120 4306000 806 Siddharth, 96, Nehru Place, New Delhi -110009, India Annexure- 2 HCLTech launches full-stack AI offering, powered by new AI data center investment NOIDA, July 13, 2026 - HCLTech, a leading global technology company, today announced its entry into the full-stack AI market to address the complete spectrum of full-stack business opportunities arising from growing demand for AI-led services and solutions across private sector and government. This will be powered by a strategic investment of up to ₹3,500 crore to establish AI data centers, with the potential to scale to 50MW of capacity. The AI data center investment is complemented by HCLTech's existing capabilities across AI data center design, DevOps and AI cloud operations as well as our software portfolio, enabling a truly integrated end-to-end play. The proposed investment shall be made through the Company’s new subsidiary and step-down subsidiaries that will be set-up for this business. India is the among the fastest growing technology markets globally and a growth market for HCLTech. The country’s data center ecosystem is on a rapid growth trajectory, driven by strong demand from a vibrant digital economy, data localization and critical infrastructure needs to support GPU deployments for AI training and inference workloads. Data center capacity is expected to grow to 5-7GW by 2030 from the current 1.8 GW, with a significant part of that growth in AI data centers. C Vijayakumar, CEO & Managing Director, HCLTech said, “The convergence of AI-led demand, supply constraints and push for digital sovereignty presents a compelling opportunity for us to emerge as a full-stack AI technology solutions provider. Our entry into the AI data center space positions us to capture the full value of this opportunity, as the industry transitions from physical infrastructure to higher-value, AI-ready solutions. Our managed services and outcome-based services to our global clients would also benefit significantly from this investment.” About HCLTech HCLTech is a global technology company, home to more than 223,000 people across 60 countries, delivering industry-leading capabilities centered around AI, digital, engineering, cloud and software, powered by a broad portfolio of technology services and products. We work with clients across all major verticals, providing industry solutions for Financial Services, Manufacturing, Life Sciences and Healthcare, Technology & Services, Semiconductor, Telecom and Media, Retail and CPG, Mobility and Public Services. Consolidated revenues as of 12 months ending June 2026 totaled $14.8 billion. To learn how we can supercharge progress for you, visit hcltech.com. For further details, please contact: Meredith Bucaro, Americas - meredith-bucaro@hcltech.com Elka Ghudial, Europe - elka.ghudial@hcltech.com James Galvin, APAC - james.galvin@hcltech.com Nitin Shukla, India, Middle East & Africa- nitin-shukla@hcltech.com