HCL Infosystems to sell stake in HCL Learning

06 Aug 2019 Evaluate

HCL Infosystems has received approval for sale of the entire shareholding of subsidiary-- HCL Learning, in its wholly owned subsidiary-- HCL Insys, Singapore excluding the Carve Out Businesses to PCCW Solutions, Hong Kong. The Board of Directors of the Company at its meeting held on August 06, 2019 has approved the same.

This is in line with Company’s strategy to focus on restructuring and monetizing its businesses and assets to reduce its debt obligations.

HCL Infosystems is one of India’s premier IT Services, Distribution and Digital Solutions Company, enabling organizations to attain and sustain competitive advantage by leveraging Information and Communication Technologies.

HCL Infosystems Share Price

16.90 -0.63 (-3.59%)
28-Mar-2024 16:01 View Price Chart
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