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HCL Technologies Ltd

NSE: HCLTECH BSE: 532281

₹1695.30

(1.10)%

Tue, 03 Feb 2026, 10:22 am

hcl technologies ltd History

1991

  • Incorporated as HCL Overseas Limited.

1992

  • Received certificate of commencement of business.

1994

  • Changed name to HCL Consulting Limited.

1996

  • Formed 50:50 joint venture with Perot Systems.

1998

  • Started addressing markets in Europe and Asia Pacific.

1999

  • Changed name to HCL Technologies Limited.
  • Announced public issue of 1,42,00,000 equity shares.
  • Signed five-year contract with Gtech and KLA-Tencor.
  • Created wholly-owned subsidiary HCL Technologies America.

2000

  • Set up offshore development center in Chennai for KLA-Tencor.
  • Set up offshore development center for Conexant.
  • HCL Comnet to invest Rs 20 crore in Delhi network operation center; tied up with HP.
  • Invested in five venture capital funds.
  • Approved equity share split from Rs 4 to two Rs 2 shares.
  • Entered tie-up with BroadVision as distributor.
  • Launched second Nokia professional center in New Delhi.
  • To acquire 40% stake in Indian networking product company.
  • Planned software technology development center in China.

2001

  • Signed five-year agreement with NCR Corp.
  • Signed agreement with Toshiba for offshore development center.
  • Entered strategic alliance with Vitesse Semiconductor.
  • Set up dedicated offshore center for Vitesse Semiconductor.
  • Announced acquisition of 90% stake in Apollo Contact Centre for $11.5 million.
  • HCL Perot set up development centers in UK and US.
  • Appointed Anupam Puri to board.

2002

  • Acquired 100% of Gulf Computers Inc., USA.
  • Formed strategic technology JV with Jones Apparel Group.
  • Entered JV with m.a. partners for global finance markets.
  • Announced strategic alliance with Sento Corporation.
  • Vineet Nayyar resigned from board.

2003

  • Anupam Puri resigned; inducted Amal Ganguli, Cyril Shroff, Subroto Bhattacharya.
  • Partnered with Alayance for Enterprise Application Integration.
  • Signed agreement with SuperH Inc. and joined SuperH Design Agency Program.
  • Approved Scheme of Arrangement with HCL Infosystems and HCL Infinet.
  • Received $160 million BPO deal from BT Group.
  • Inked pact with Questa Corp.
  • Won Airbus mandate for A-340 embedded software.
  • HCL Comnet secured Rs 31 crore order from NIC.
  • Partnered with Magma Design Automation.
  • High Court sanctioned Scheme of Arrangement.
  • Joined Xilinx Xperts program.
  • Signed multi-year IT co-sourcing contract with AMD.
  • Allotted 7,075,154 equity shares pursuant to Scheme of Arrangement.
  • Changed registered office to Nehru Place, New Delhi.
  • Divested stake in HCL Perot Systems to Perot Systems for $105.3 million.
  • Ambassador Richard Burt retired from board.

2004

  • Bought out 49.5% equity in Aircom HPS Wireless Services.
  • Delisted from Delhi Stock Exchange.
  • Set up Insurance Solutions Center in Chennai.
  • Entered strategic tie-up with IBM Rational Software.
  • Appointed Stuart Drew as Director Europe Global Insurance Practice.
  • Named Microsoft Global Systems Integrator Partner.
  • Unveiled RFID asset management solution at ESEC Tokyo.
  • Received Excellence in Education Award from LOMA.
  • Chennai BPO center received BS7799 certification.
  • Introduced CrosSView CSV methodology.
  • Delisted from Madras Stock Exchange.

2005

  • Entered agreement with Agere Systems.
  • Formed partnership with Compuware.
  • Signed MoU with SCFBio at IIT Delhi.
  • SEBI tied up for market surveillance solutions.
  • Formed joint venture with NEC Japan.
  • Launched easy Labelling Solution for US FDA SPL.
  • Partnered with Talent & Pro for banking and insurance solutions in Europe.
  • Announced strategic partnership with EXA Japan.
  • Infrastructure Services Division ranked Strong Performer in Remote Infrastructure Management.

2006

  • Signed distribution agreement with Qumas.
  • Partnered with Wavesat.
  • Launched RoHS Compliance Management System.
  • Entered $70 million outsourcing deal with Teradyne.
  • Launched Trusted ICT Infrastructure Platforms for BPO-ITeS.
  • Appointed Karan Puri as Sr. VP Retail, Media & Entertainment in North America.
  • Signed alliance with Sage for private wealth management solutions.
  • Inked pact with Celestica for electronic product design and manufacture.

2007

  • Formed strategic alliance with Eckler for insurance expertise.
  • Signed agreement with Advanced Electronics Company for IT projects in Saudi Arabia.
  • Announced $15 million contract with Alenia Aeronautica.
  • Appointed Vineet Nayar as CEO; Shiv Nadar as Chairman and Chief Strategy Officer.
  • Issued bonus shares in 1:1 ratio.

2008

  • Completed acquisition of UK-based Axon.
  • Launched on-demand software testing lab.

2009

  • Entered five-year IT infrastructure management with Energy Future Holdings.
  • Signed Rs 393 crore, 7-year IT services deal with National Insurance Company.
  • Secured outsourcing contract from MTV Networks.
  • Received International Investor of the Year Prize.
  • Emerged as Most Admired Knowledge Enterprise winner.
  • Opened Global Development Center in Brazil.

2010

  • Announced partnership with nMatric for shopfloor solutions.
  • HCL AXON launched iControl for utility web enablement.
  • Entered strategic partnership with Talisma.
  • Launched fastest laptop.
  • Signed $50 million global engineering deal with Meggitt.
  • HCL AXON signed GTM partnership with NextLabs.

2011

  • Entered strategic partnership with Tangoe.
  • Lippo and HCL signed MoU in presence of Indonesian President.
  • Opened Global Enterprise Mobility Lab in Singapore.
  • Launched CataLOG supply chain platform for SMEs.
  • Launched ACE SmartCare Solution at HiMss.
  • Tied up with Orion Edutechs.

2012

  • Selected by Statoil for strategic infrastructure management services.
  • Entered strategic relationship with State Street for BPO services.
  • HCL BPO Services announced consultation on redundancy proposals in Northern Ireland.
  • Entered strategic relationship with Great American Insurance Group.
  • Won ICD 10 transformation deal with Blue Shield of California.
  • Partnered with Cisco to open South Africa Centre of Excellence.

2013

  • Signed long-term IT services agreement with Nokia.
  • Signed multi-year, multi-million dollar partnership with Cobham Plc.
  • To provide business transformation services to Husqvarna Group.
  • Received Pegasystems Healthcare Partner Excellence Award.
  • Opened Michigan Technology Development Center.
  • Won ITSMA Diamond and Gold Awards for Marketing Excellence.
  • Received PHD Chamber Good Corporate Citizen Award.

2014

  • Received Best Governed Company Award from Asian Centre for Corporate Governance.
  • Won CNBC-TV18 India Business Leader Award for Outstanding Company.
  • Won HR Excellence Award.
  • Launched CTO Straight Talk.

2015

  • Opened Global Delivery Centre in Oslo.
  • Opened new Global Delivery Center in Frisco, US.
  • Certified as Top Employer in UK for ninth consecutive year.
  • Formed strategic alliance with Tele2.
  • Launched cXstudio with Aegon.
  • Celebrated 10 years of engagement with Merck & Co.
  • Entered Asset Purchase Agreement with Trygstad.
  • Won five-year IT Managed Services contract with SAI Global.
  • Announced United Xperience Lab for digital co-innovation.
  • Acquired US-based PowerObjects.
  • Allotted bonus shares in 1:1 ratio.

2016

  • Bagged global IT transformational deal from Alstom.
  • Acquired workplace modernization provider P2P.
  • Acquired stakes in two major companies.
  • Won Everest Group Service Provider of the Year.
  • Signed IT contract with Husqvarna AB.
  • Bagged NLP award at AIconics awards.
  • Won contract from Synergy.
  • Awarded major IT contract by Western Australia energy retailer.
  • Won Best Testbed Award by IoT Solutions World Congress.

2017

  • Acquired Butler America Aerospace, LLC.
  • Positioned by Zinnov as leader for digital services in retail.
  • UBS AG renewed global finance operations deal.
  • Positioned by Everest Group as leader for retail banking BPO.
  • Named fastest growing IT services brand.
  • Certified as Top Employer in UK for eleventh consecutive year.
  • Announced HCL Technologies Grant 2017 winners.
  • Won Everest Group Service Provider of the Year award.
  • Renewed IT services engagement with Singapore Exchange.
  • Recognized as leader in IAOP Global Outsourcing 100.
  • Joined Duck Creek Global Alliance Program.
  • Achieved AWS Storage Competency status.
  • Launched A.I.-powered transformation platform.
  • Entered strategic partnership with Alpha Insight.

2018

  • Bagged IT infrastructure services contract from Cadent.
  • Named leader for digital services by Everest Group.
  • Unveiled flexible 5G and mobile backhaul solution.
  • Signed deal with Statkraft.
  • Opened state-of-the-art technology development center.
  • Acquired C3i Solutions for $60 million.

2019

  • Won NASSCOM BPM Customer Excellence Awards.
  • Collaborated with IBM to accelerate hybrid cloud journey.
  • Announced acquisition of US-based Strong-Bridge Envision.
  • Expanded strategic partnership with Xerox.
  • Partnered with Google Cloud for hybrid cloud services.

2020

  • Launched dedicated Microsoft business unit.
  • Announced entry into Sri Lanka with global delivery center in Colombo.
  • Opened first Innovative Cybersecurity Fusion Center in Europe.
  • Named Leader in Gartner Magic Quadrant.

2021

  • Inked 5-year Digital Workplace Services agreement with Airbus.
  • Announced special bonus to employees.
  • Inked multi-million dollar deal with UD Trucks.
  • Recognized as Leader in Edelweiss ESG Scorecard & Ratings.
  • Inked multi-year agreement with Fiskars Group.
  • Announced strategic partnership with The Mosaic Company.
  • Named to World's Best Employers List.

2022

  • Launched new brand positioning 'Supercharging Progress'.
  • Partnered with Purdue Global for higher education program.
  • Expanded partnership with Google Cloud.
  • Achieved SAP certification for IMRO/4 integration with SAP S/4HANA.
  • Partnered with SR Technics to digitally transform operations.
  • Named Technology Company of the Year.

2023

  • Announced acquisition of German automotive engineering services company ASAP Group.
  • Rated as leader in ISG Provider Lens - Analytics Services, US.

2024

  • Completed acquisition of Communications Technology Group assets from HPE.
  • HCL Foundation and UPNEDA signed MoU for green projects in rural areas.
  • AquaSphere solution won SAP Pinnacle Award.
  • Launched AI Force to accelerate time-to-value in software development.

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800