HCL Technologies Ltd — Regulatory Filings 2021

May 17, 2021

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May 17, 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 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, 2021.

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 party with whom transactions have taken place during the period / year

Key Management Personnel

Mr. Shiv Nadar – Chief Strategy Officer (ceased to be Chairman w.e.f. 17 July 2020) Mr. C. Vijayakumar – President and Chief Executive Officer

Mr. Prateek Aggarwal – Chief Financial Officer

Mr. Manish Anand – Company Secretary

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 (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)

Non-Executive & Non-Independent Directors

Ms. Roshni Nadar Malhotra, Chairperson (appointed Chairperson w.e.f. 17 July 2020) 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	Significant influence	Significant influence	Significant influence	Significant influence
	6 months period ended		Year ended
	31 March 2021	31 March 2020	31 March 2021	31 March 2020
Revenue from operations Interest income Staff welfare, outsourcing costs and software license fee Payment for use of facilities Purchase of capital equipments Interim dividend Final dividend (refer note below) Depreciation charge on right-of-use assets Interest expense on the lease liability	7 1 33 2 - 1,308 - 15 3	7 - 125 6 - 488 - 17 5	11 2 97 6 - 1,636 328 33 8	13 1 232 16 1 814 - 35 9
Material related party transactions	6 months period ended		Year ended
	31 March 2021	31 March 2020	31 March 2021	31 March 2020
Interim dividend paid Vama Sundari Investments (Delhi) Private Limited HCL Holdings Private Limited Final dividend (refer note below) Vama Sundari Investments (Delhi) Private Limited HCL Holdings Private Limited	939 358 - -	349 134 - -	1,174 447 235 89	582 223 - -
Transactions with Key Managerial personnel during the year	6 months period ended		Year ended
	31 March 2021	31 March 2020	31 March 2021	31 March 2020
Compensation - Short-term employee benefits - Other long-term employee benefits	12 -	11 2	40 2	37 90
Transactions with Directors during the year	6 months period ended		Year ended
	31 March 2021	31 March 2020	31 March 2021	31 March 2020
Commission & other benefits to Directors (includes sittingfees)	8	9	8	9
Outstanding balances			Significant influence
			As at
			31 March 2021	31 March 2020
Trade receivables, other financial assets and other assets Trade payables, other financial liabilities and other liabilities Right-of-use assets Lease liabilities			33 17 79 85	43 196 110 113

Note : Final dividend represents final dividend paid of ` 2 per equity share for the financial year ended 31 March 2020 recommended by the Board of Directors in their meeting on 7 May 2020 and approved by the shareholders at the Annual General Meeting held on 29 September 2020.