HCL Technologies has announced the appointment of Ms. Kimsuka Narsimhan as an Independent Director on its Board for a five-year term starting April 20, 2026. The appointment was approved by the Board of Directors in its meeting held on April 20, 2026, following a recommendation from the Nomination and Remuneration Committee.

Appointment Details

The company has informed that the approval of shareholders for her appointment as an Independent Director will be taken through postal ballot in due course. Ms. Narsimhan is not debarred from holding office as Director by any order of SEBI, Ministry of Corporate Affairs or any statutory authority.

Professional Background

Ms. Kimsuka Narsimhan brings over 35 years of extensive experience in the consumer goods industry. A Chartered and Cost Accountant by qualification, she has held senior leadership roles across Finance, Risk Management, Strategy, and Business Transformation with leading global organizations.

Her career highlights include:

• CFO – Asia Pacific at Kimberly-Clark
• CFO – India Region at PepsiCo
• Global and India leadership roles at Unilever

She has worked across multiple geographies, including Europe, the Middle East & Africa, India, and Southeast Asia.

Board Experience

On the non-executive front, Ms. Narsimhan has over a decade of experience as Director on the Boards of prominent organizations:

• Bharti Airtel
• Meesho
• Akzo Nobel
• Astra Zeneca

She has also served as a member/Chair of Board Committees including Audit, Nomination & Remuneration, ESG and Risk Committees. Additionally, she is a Board Member of the SIM People Development Fund (SIMPDF).

Committee Reconstitution

Following her appointment, the Board of Directors has reconstituted the Audit Committee and the Risk Management Committee of the company by co-opting Ms. Kimsuka Narsimhan as a member of both these committees.

Leadership Comments

Commenting on the appointment, Roshni Nadar Malhotra, Chairperson, HCLTech said, "We are pleased to have Kimsuka as part of the Board as HCLTech pivots to a phase of growth led by new technologies such as AI. Her rich global experience will be of immense value to our growth strategy and corporate governance, and I look forward to working with her".

Ms. Kimsuka Narsimhan added, "HCLTech has been a key pillar of India's global leadership in technology services. I am delighted to join this exciting journey and look forward to working with the Board".

The appointment further strengthens the diversity ratio of the HCLTech Board to over 54%. The Board meeting commenced at 10:00 A.M. (IST) and adjourned at 7:45 P.M. (IST) on April 20, 2026.

HCL Technologies has announced a dividend distribution of ₹24 per share to its shareholders. This dividend declaration underscores the company's commitment to returning value to its investor base through regular profit sharing.

Dividend Details

The IT services company has set the dividend amount at ₹24 per share, which will be distributed to eligible shareholders as per the company's dividend distribution policy.

Shareholder Value Creation

This dividend announcement reflects HCL Technologies' strategy of maintaining consistent returns to shareholders while balancing growth investments and financial stability. The dividend distribution demonstrates the company's confidence in its operational performance and cash flow generation capabilities.

The ₹24 per share dividend will provide direct returns to shareholders and reinforces the company's commitment to creating long-term value for its investor community. Eligible shareholders will receive the dividend payment as per the company's standard distribution timeline and procedures.