HCL Technologies Ltd — Regulatory Filings 2020

May 18, 2020

May 17, 2020

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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 Reg. 23(9) of Securities and Exchagnge Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

Dear Sir/ Madam,

In terms of Regulation 23(9) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, enclosed please find herewith a disclosure of Related Party transactions on consolidated basis for the half year ended March 31, 2020.

This is for your information and records.

Thanking you,

Yours faithfully, for HCL Technologies Limited

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Manish Anand Company Secretary

Encl. a/a

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HCL Technologies Limited

Related parties with whom transactions have taken place during the period

Key Management Personnel

Mr. Shiv Nadar – Chairman and Chief Strategy Officer

Mr. C. Vijayakumar – President and Chief Executive Officer

Mr. Prateek Aggarwal – Chief Financial Officer (w.e.f. 1 October 2018)

Mr. Manish Anand – Company Secretary

Mr. Anil Chanana – Chief Financial Officer (upto 1 October 2018)

Non-Executive & Independent Directors

Mr. Ramanathan Srinivasan

Ms. Robin Ann Abrams

Dr. Sosale Shankara Sastry

Mr. Subramanian Madhavan

Mr. Thomas Sieber

Ms. Nishi Vasudeva

Mr. Deepak Kapoor

Mr. James Philip Adamczyk (appointed w.e.f. 26 July 2018 and ceased to be Director w.e.f. 9 October 2019) Mr. Mohan Chellappa (appointed w.e.f. 6 August 2019)

Mr..Simon John England (appointed w.e.f. 16 January 2020)

Mr. Keki Mistry (ceased to be Director w.e.f. 30 April 2018)

Non-Executive & Non-Independent Directors

Ms. Roshni Nadar Malhotra

Mr. Shikhar Neelkamal Malhotra (appointed w.e.f. 22 October 2019)

Mr. Sudhindar Krishan Khanna (ceased to be Director w.e.f. 8 April 2019)

Others (Significant influence)

HCL Infosystems Limited HCL IT City Lucknow Private Limited HCL Avitas Private Limited HCL Infotech Limited Vama Sundari Investments (Delhi) Private Limited Shiv Nadar University HCL Corporation Private Limited HCL Holding Private Limited SSN Investments (Pondi) Private Limited SSN Trust Naksha Enterprises Private Limited Shiv Nadar Foundation HCL Insys. Pte. Limited, Singapore (ceased to be related party from 15 November 2019

HCL Technologies Limited

(All amounts in crores of `)

Transactions with related parties during the normal course of business	Transactions with related parties during the normal course of business	Significant influence	Significant influence
		Year ended
		31 March 2020	31 March 2019
Revenue from operations Interest income Purchase of materials and services Payment for use of facilities Purchase of capital equipments Dividend paid Depreciation charge on right-of-use assets Interest expense on the lease liability Other expenses		13 1 187 16 1 814 35 9 45	27 1 190 47 - 656 - - 37
Material related party transactions		Year ended
		31 March 2020	31 March 2019
Dividend paid Vama Sundari Investments (Delhi) Private Limited HCL Holdings Private Limited		582 223	469 187
Transactions with Key Managerial personnel during the year		Year ended
		31 March 2020	31 March 2019
Compensation - Short-term employee benefits - Other long-term employee benefits - Termination benefits		37 90 -	39 - 1
Transactions with Directors during the year		Year ended
		31 March 2020	31 March 2019
Commission & other benefits to Directors(includes sittingfees)		9	8
Outstanding balances		Significant influence
		As at
		31 March 2020	31 March 2019
Security deposits Unbilled receivable Trade receivables Prepaid expenses Deferred contract cost Capital accounts payable [includes supplier credit] Supplier Credit Liabilities for expenses Contract liabilities Trade payables Right-of-use assets Lease liabilities		23 - 5 15 - 1 167 23 2 3 110 113	21 1 10 27 19 3 164 30 2 2 - -