HCL Technologies’ shareholders approve resolutions, director retires

HCL Technologies successfully held its 33rd annual general meeting (AGM) on August 26, 2025, via video conferencing. Shareholders passed all seven proposed resolutions, including the adoption of financial statements, re-appointments of key directors, and variations to the Restricted Stock Unit Plan 2024. The resolutions received strong support, with outcomes ranging from 94.5304% to 99.9999% of votes cast in favor. Total votes polled across all resolutions consistently exceeded 2.5 billion, representing over 92% of outstanding shares.

Key re-appointments included Roshni Nadar Malhotra as a director liable to retire by rotation (99.5991% in favor), Vanitha Narayanan as an independent director (99.6451% in favor), and C. Vijayakumar as managing director (95.8641% in favor). Additionally, resolutions related to the HCL Technologies Limited – Restricted Stock Unit Plan 2024 and its secondary acquisition by the HCL Technologies Stock Options Trust were approved with 94.5304% and 96.1632% in favor, respectively. The appointment of M/s. Makarand M. Joshi & Co. as secretarial auditor also passed with 99.9999% of votes in favor.

Concurrently, Thomas Sieber, an independent director, retired from the company with effect from the close of business hours on August 26, 2025, upon completion of his tenure. The board acknowledged his contributions to shaping HCL Technologies’ global growth strategy.