March 25, 2015
Press Release No. 1
News
About HCL Technologies Limited
The media had reports that
"TechM, HCL eye $350m stake in Geometric".
The Exchange, in order to
verify the accuracy or otherwise of the information reported in the media and
to inform the market place so that the interest of the investors is safeguarded,
had written to the company.
HCL Technologies
Limited has vide its letter inter-alia stated, "The Company, in the normal
course of its business, evaluates businesses and opportunities in and outside
India for inorganic growth. In the background, it is respectfully submitted
that no event has occurred that has triggered an obligation for the Company to
make a disclosure under Clause 36 of the Listing Agreement."