HCL Technologies Ltd — Audit Report / Information 2019

Jul 6, 2019

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July 6, 2019

The General Manager The Manager BSE Limited National Stock Exchange of India Limited Corporate Relationship 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 SEBI (Listing Obligations and Disclosures Requirements) Regulations 2015 (“LODR”)

Dear Sir/ Madam,

Pursuant to Section 139 of the Companies Act, 2013 and the Rules made thereunder, it is mandatory for the Company to rotate its current statutory auditors, S. R. Batliboi & Co. LLP, Chartered Accountants (ICAI Firm Registration No. 301003E/E00005), on the completion of the maximum term i.e. till the conclusion of the 27[th] Annual General Meeting of the Company scheduled to be held in the year 2019.

Based on the recommendations of the Audit Committee, the Board of Directors of the Company vide its resolution passed on July 5, 2019, has recommended the appointment of B S R & Co. LLP (ICAI Firm Registration No. 101248W I W-100022) as the Statutory Auditors of the Company who will hold office for a period of five consecutive years from the conclusion of the 27[th] Annual General Meeting of the Company scheduled to be held in the year 2019 till the conclusion of the 32[nd] Annual General Meeting to be held in the year 2024, subject to the approval of the shareholders of the Company.

The details as required under Regulation 30 of LODR read with SEBI Circular no. CIR/CFD/CMD/4/2015 dated September 9, 2015 are enclosed as Annexure A. This disclosure supersedes our earlier disclosure dated January 13, 2019.

This is for your information and records.

Yours faithfully,

for HCL Technologies Limited

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Manish Anand Company Secretary

Encl:a/a

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Annexure A

Appointment of Statutory Auditors

	Appointment of Statutory Auditors
Reasons for change	It is mandatory for the Company to rotate its current auditors i.e. S. R. Batliboi & Co. LLP, Chartered Accountants (ICAI Firm Registration No. 301003E/E00005) on completion of their maximum term i.e. till the conclusion of the 27th Annual General Meeting of the Company scheduled to be held in the year 2019. The Board of Directors of the Company, vide its resolution passed on July 5, 2019 has recommended the appointment of B S R & Co. LLP, Chartered Accountants as the Statutory Auditors of the Company.
Date of appointment and term of appointment	B S R & Co LLP, Chartered Accountants, will hold office for a period of five consecutive years from the conclusion of the 27th Annual General Meeting of the Company scheduled to be held in the year 2019 till the conclusion of the 32nd Annual General Meeting to be held in the year 2024.
Brief Profile of the auditors	B S R & Co. ('the firm ') was constituted on March 27, 1990 having firm registration no. as 101248W. It was converted into limited liability partnership i.e. B S R & Co. LLP on October 14, 2013 thereby having a new firm registration no. 101248W_I_W-100022. The registered office of the firm is at 5th Floor, Lodha Excelus, Apollo Mills Compound, N. M. Joshi Marg, Mahalaxmi, Mumbai, Maharashtra - 400 011. B S R & Co. LLP is a member entity of B S R & Affiliates, a network registered with the Institute of Chartered Accountants of India. The other entities which are part of the B S R & Affiliates include B S R & Associates LLP, B S R & Company, B S R and Co, B S R and Associates, B S R and Company, B S S R & Co and B B S R & Co. B S R & Co. LLP is registered in Mumbai, Gurgaon, Bangalore, Kolkata, Hyderabad, Pune, Chennai, Chandigarh, Ahmedabad, Vadodara, Noida, Jaipur and Kochi.

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