HCL Technologies Ltd.

BSE: 532281 | NSE: HCLTECH
Large Cap | IT - Software
1716.15
17.25 (1.02%)
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HCL Technologies gets nod from FIPB to raise FDI limit to 74%

Date: 20-09-2013

HCL Technologies has received approval from the Foreign Investment Promotion Board (FIPB) to raise the limit on overseas holdings in the lender to 74% from 49%. Currently, the FII holding in the company is 24.45%, while domestic institutional investors have 6.49%.

HCL Technologies is a leading global IT services company working with clients in the areas that impact and redefine the core of their businesses.