HCL Corporation picks 11.71 lakh shares of HCL Infosystems

14 Mar 2013

HCL Infosystems - promoter - HCL Corporation has bought 11.71 lakh shares of the company for around Rs 4.5 crore in an open market transaction. HCL Corporation is the holding company of HCL Technologies and HCL Infosystems.

The promoter company has acquired 1,171,150 shares of the company on March 11-12, 2013 taking its total stake in the company to 43.74%. The purchase took place on BSE and NSE platforms. For the period ended December 31, 2012, Shiv Nadar-owned HCL Corporation’s stake in HCL Infosystems stood at 42.85%.

HCL Infosystems is one of the leading ICT system integrator and distribution company. It has wide range of products and services such as IT products, solutions and related services, which include PCs, servers, imaging, voice and video solutions, networking products, TV and FM broadcasting solutions, communication solutions, system integration, ICT education and training, digital lifestyle solutions and peripherals.

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