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HCL Technologies Ltd — Capital/Financing Update 2025
Dec 22, 2025
62415_rns_2025-12-22_87294b12-031b-4f48-adc6-f46bc1a0691c.pdf
Capital/Financing Update
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December 22, 2025
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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: Release HCLSoftware to Acquire AI Data Analyst Agents Startup Wobby.
Dear Sir/Madam,
Enclosed please find a release on the captioned subject being issued by the Company today along with a disclosure in terms of Regulation 30(4) of the SEBI (Listing Obligations and Disclosures Requirements) Regulations 2015.
Details as required to be disclosed as per BSE Circular No. 20230714-34 dated July 14, 2023, and NSE Circular No. NSE /CML/2023/57 dated July 14, 2023, are as under:
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Date of occurrence of Event / Information: December 22, 2025
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Time of occurrence of Event/ Information: 6:59 p.m. IST
This is for your information and records.
Yours faithfully, For HCL Technologies Limited
MANISH Digitally signed by MANISH ANAND ANAND Date: 2025.12.22 19:21:05 +05'30' Manish Anand Company Secretary
Encl.:a/a
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HCL Technologies Ltd. Technology Hub, Special Economic Zone Plot No. 3A, Sector 126, NOIDA– 201304, UP, India t: +91 120 4306000
Corporate Identity Number: L74140DL1991PLC046369 Registered Office: 806 Siddharth, 96, Nehru Place, New Delhi -110009, India
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HCLSoftware to Acquire AI Data Analyst Agents Sta�up Wobby
Acquisition of the early–stage sta�up to accelerate clients’ value realization
from GenAI by adding AI data analyst capabilities
NOIDA and SANTA CLARA, December 22, 2025 – HCLSoftware, the software business division of HCLTech, today announced its intent to acquire Wobby, an early–stage sta�up providing AI Data Analyst ‘Agents’ for data warehouses, based in Antwerp, Belgium.
HCLSoftware’s Data & AI division (Actian) is seeing increased demand for its metadata management, data catalog and data governance solutions and has demonstrated good growth over the last five years, driven by enterprise data management solutions. Adding Agentic AI Data Analyst capabilities will fu�her enable customers to interact with their raw data and get fast and accurate business insights on demand.
Wobby provides AI Data Analyst ‘Agents’ that enable users to query complex datasets through a natural language inte�ace and receive actionable insights instantly. The solution is powered by a proprietary semantic layer and agentic architecture that interprets business context, automates complex workflows and delivers high-quality analytical output at scale, complementing the knowledge graph capabilities of the Actian Data Intelligence Platform.
“Customers want self-service analytics with AI-driven insights that they can trust,” said Marc Po�er, CEO Actian & Po�folio General Manager of HCLSoftware’s Data & AI division. “With Wobby, Actian provides LLM-powered natural-language analytics on a unified, governed semantic layer, enabling self-service analytics that delivers context-rich, accurate insights and a foundation for scaling GenAI initiatives with confidence.”
“Wobby is reinventing how teams do business intelligence by building AI agents that not only answer questions, but also are evolving toward proactive analytics by sharing automated insights,” said Amra Dorjbayar, CEO and Co-Founder, Wobby. “Combining Wobby’s capabilities with Actian Data Intelligence platform will offer customers a differentiated approach to data management.”
The acquisition is expected to close by February 2026.
About HCLSoftware
HCLSoftware is a global leader in software innovation, dedicated to powering the Digital+ economy. We develop, market, sell and suppo� transformative solutions that combine and integrate experience, data, and operations, delivering on a bold, AI-driven vision of the Digital+ future. Built on a rich heritage of pioneering spirit and unwavering commitment to customer success, we deliver best-in-class software products that empower organizations to achieve their goals. Our core values of integrity, inclusion, value creation, people-centricity and social responsibility guide everything we do. HCLSoftware serves more than 20,000 organizations including majority of the Fo�une 100 and - almost half of the Fo�une 500. To learn more, visit hcl software.com
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About HCLTech
HCLTech is a global technology company, home to more than 226,600 people across 60 countries, delivering industry-leading capabilities centered around digital, engineering, cloud and AI, powered by a broad po�folio of technology services and products. We work with clients across all major ve�icals, providing industry solutions for Financial Services, Manufacturing, Life Sciences and Healthcare, High Tech, Semiconductor, Telecom and Media, Retail and CPG and Public Services. Consolidated revenues as of 12 months ending September 2025 totaled $14.2 billion. To learn how we can supercharge progress for you, visit hcltech.com.
For fu�her details, please contact:
Jeremy McNeive, HCLSoftware - jeremy.mcneive@hcl software.com
Danielle Lee, Actian, HCLSoftware’s Data and AI division [email protected]
Ashutosh Sharma, HCLTech [email protected]
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- Details of acquisition as required under SEBI Regulations
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- Name of the target entity, details in brief Wobby BV (“Wobby"), headqua�ered insuch as size, turnover etc. Belgium, is an Agentic AI softwaresta�up that provides AI data analystagents for data warehouses.The repo�ed revenue for the yearended December 31, 2024 was EUR 0.1million.2 Whether the acquisition would fall within This would not be a related pa�yrelated pa�y transaction(s)? and whether transaction.the promoter/ promoter group/ groupcompanies have any interest in the entitybeing acquired?.3 Industry to which the entity being acquired A�ificial Intelligence (AI) software.belongs.4 Objects and effects of acquisition Actian, HCL Software’s data division is(including but not limited to, disclosure of seeing increased demand for itsreasons for acquisition of target entity, if its metadata management, data catalogbusiness is outside the main line of business and data governance solutions. Theof the listed entity) intended acquisition adds Wobby’sagentic AI data analyst capabilities tothe GenAI adoption journey of Actian’scustomers, who will get context-rich,accurate business insights on demandvia Wobby’s natural-language analyticson a unified, governed semantic layer.5 Brief details of any Governmental or Belgian foreign direct investment (FDI)regulatory approvals required for the approval under Cooperationacquisition Agreement dated 30 November 2022.6 Indicative time period for completion of the Likely to be completed by Februaryacquisition 2026.7 Nature of consideration - whether cash 100% Cash Consideration.consideration or share swap or any otherform and details of the same8 Cost of acquisition or the price at which the Total Purchase Price of EUR 4.5 million,shares are acquired with EUR 3.0 million at Closing and EUR----- End of picture text -----
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----- Start of picture text ----- 0.75 million each, at the first andsecond anniversary of Closing.9 Percentage of shareholding / control 100% of the outstanding equity ofacquired and / or number of shares Wobby to be acquired by Actianacquired Germany GmbH, a step-down whollyowned subsidiary of HCL TechnologiesLimited.----- End of picture text -----
| 0.75 million each, at the first andsecond anniversaryof Closing. | 0.75 million each, at the first andsecond anniversaryof Closing. | 0.75 million each, at the first andsecond anniversaryof Closing. |
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| 9Percentage of shareholding / controlacquired and / or number of sharesacquired100% of the outstanding equity ofWobby to be acquired by ActianGermany GmbH, a step-down whollyowned subsidiary of HCL TechnologiesLimited. | ||
| 10 | Brief background about the entity acquiredin terms of products/line of businessacquired, date of incorporation, history oflast 3 years’ turnover, Country in which theacquired entity has presence and any othersignificant information (in brief) | Wobby provides AI data analyst agentsthat enable users to query complexdatasets through a natural languageinte�aceandreceiveactionableinsights instantly. Wobby stands out forits proprietary semantic layer andagentic architecture that interpretsbusiness context, automates complexworkflows, and delivers high-qualityanalytical output at scale.a. Founded in 2023b. Repo�ed Revenues (Fiscal Year EndDecember 31):-2023: EUR 0.03 million-2024: EUR 0.1 millionc. It has presence in Belgiumd. Repo�ed as per fiscal year ended 31December 2024:-PAT of EUR -0.3 million-Net wo�h of EUR 1.0 million. |
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