HCL Technologies Ltd — Capital/Financing Update 2021

Aug 30, 2021

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August 30, 2021

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 in terms of Regulation 30(4) of the SEBI (Listing Obligations and Disclosures Requirements) Regulations 2015

Dear Sir/ Madam,

Enclosed please find a disclosure in terms of Regulation 30(4) of the SEBI (Listing Obligations and Disclosures Requirements) Regulations 2015 regarding investment of USD 1.25 million in Series A Preferred Shares of Austin GIS Inc., a Delaware entity.

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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Details of investment

1	Name of the target entity, details in brief such as size, turnover etc.	Austin GIS, Inc. is a newly formed entity, now raising a Series A Preferred Shares investment from shareholder investors.
2	Whether the investment would fall within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being invested in? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”.	No
3	Industry to which the entity being invested in belongs.	Information Technology
4	Objects and effects of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity);	Growth opportunity in Internet of Things (IoT) and 5G RAN industries which complements HCL services as an IT service provider.
5	Brief details of any Governmental or regulatory approvals required for the acquisition.	None
6	Indicative time period for completion of the investment.	Investment of USD 1,250,000 will be done immediately after the signing.
7	Nature of consideration - whether cash consideration or share swap and details of the same.	USD 1,250,000.00 cash investment being made through HCL Bermuda Limited, a wholly owned subsidiary of HCL Technologies Limited.
8	Cost of acquisition or the price at which the shares are acquired.	USD 1.00 per share of Series A Preferred Shares of par value $0.0001 per share; investing USD 1,250,00.00 for 1,250,000 shares.
9	Percentage of shareholding / control acquired and / or number of shares acquired.	1,250,000 shares of Series A Preferred Shares, equaling an estimated 13.9% fully diluted ownership.

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10	Brief background about the entity investing in, date of incorporation, history of last 3 years’ turnover, country in which the Company has presence and any other significant information (in brief).	Austin GIS, Inc.’s was incorporated on May 4, 2021 in the State of Delaware (USA). No history of turnover, as it is a newly formed entity.

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