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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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