HCL Technologies Files Regulation 30 Disclosure for Kimsuka Narsimhan Postal Ballot
HCL Technologies filed a Regulation 30 disclosure for the postal ballot appointment of Ms. Kimsuka Narsimhan (DIN: 02102783) as Non-Executive Independent Director for a five-year term from April 20, 2026. Newspaper advertisements were published on May 12, 2026, in Mint and Hindustan, with remote e-voting facilitated by NSDL running from May 12 to June 10, 2026, and results to be announced on or before June 12, 2026.
*this image is generated using AI for illustrative purposes only.
HCL Technologies Limited has published newspaper advertisements in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, disclosing its ongoing postal ballot process for the appointment of Ms. Kimsuka Narsimhan (DIN: 02102783) as a Non-Executive Independent Director. The advertisements were published on May 12, 2026, in Mint (All Editions) in English and Hindustan (Delhi Edition) in Hindi, and copies have been made available on the Company's website at www.hcltech.com . The disclosure was filed by Company Secretary Manish Anand with both BSE Limited and the National Stock Exchange of India Limited.
The Board of Directors, at its meeting held on April 20-21, 2026, appointed Ms. Narsimhan as an Additional Director (Non-Executive Independent) with effect from April 20, 2026, subject to member approval via Special Resolution through postal ballot. The Postal Ballot Notice, dated May 8, 2026, was dispatched electronically to eligible shareholders on May 11, 2026. The appointment was recommended by the Nomination and Remuneration Committee (NRC), which considered her competencies in financial and risk management, strategic leadership, corporate governance, global and international business, and ESG and sustainability.
Appointment Details
The proposed appointment is for a term of five consecutive years, not liable to retire by rotation. The key parameters of the appointment are summarised below:
| Parameter: | Details |
|---|---|
| Name: | Ms. Kimsuka Narsimhan |
| DIN: | 02102783 |
| Date of Birth: | May 3, 1964 |
| Age: | 62 years |
| Appointment Effective From: | April 20, 2026 |
| Term: | Five consecutive years (April 20, 2026 to April 19, 2031) |
| Nature of Appointment: | Non-Executive Independent Director, not liable to retire by rotation |
| Shares Held in the Company: | 1012 shares |
| Relationship with other Directors/KMPs: | None |
Ms. Narsimhan has also been co-opted as a member of the Audit Committee and the Risk Management Committee of HCL Technologies with effect from April 20, 2026. She will be entitled to sitting fees for attending Board and Committee meetings, as approved by the Board, and to profit-related commission within the overall limits of remuneration payable to all Non-Executive Directors under the Act, not exceeding 1% of the net profits of the Company during any financial year.
Profile of Ms. Kimsuka Narsimhan
Ms. Kimsuka Narsimhan is a Chartered Accountant and Cost Accountant, and holds a Bachelor of Commerce degree from the University of Madras. She is a Gold Medalist at the Institute of Chartered Accountants of India and a University ranker. With over 35 years of extensive experience in the consumer goods industry, she has held senior leadership roles across Finance, Risk Management, Strategy, and Business Transformation with leading global organisations. Her career highlights include:
- CFO – Asia Pacific at Kimberly-Clark
- CFO – India Region at PepsiCo
- Global and India leadership roles at Unilever
- Experience across multiple geographies including Europe, the Middle East & Africa, India, and Southeast Asia
On the non-executive front, she has over a decade of experience as a Director on the boards of prominent organisations, including Bharti Airtel, Meesho, Akzo Nobel, and Astra Zeneca. She is also a Board Member of the SIM People Development Fund (SIMPDF).
Current Directorships and Committee Roles
Ms. Narsimhan's existing board and committee positions are detailed below:
| Company: | Role |
|---|---|
| Bharti Airtel Limited | Director |
| Meesho Limited | Director |
| Meesho Technologies Private Limited | Director |
| SIM People Development Fund (SIMPDF) | Board Member |
| Punar Pte Ltd. (Singapore) | Director |
Committee Memberships in other Companies:
| Company: | Committee: | Position: |
|---|---|---|
| Bharti Airtel Limited | Audit Committee | Member |
| Bharti Airtel Limited | Risk Management Committee | Member |
| Bharti Airtel Limited | Environmental, Social and Governance Committee | Member |
| Meesho Limited | Audit Committee | Chairperson |
| Meesho Limited | Risk Management Committee | Chairperson |
| Meesho Limited | IPO Committee | Member |
Remote E-Voting Process
The Company has engaged National Securities Depository Limited (NSDL) to facilitate the remote e-voting process. The Cut-off date for determining eligible members is May 6, 2026. The e-voting schedule is as follows:
| Event: | Date and Time: |
|---|---|
| Commencement of Remote E-Voting: | 9:00 A.M. (IST), Tuesday, May 12, 2026 |
| End of Remote E-Voting: | 5:00 P.M. (IST), Wednesday, June 10, 2026 |
| Announcement of Results: | On or before 5:00 P.M. (IST), Friday, June 12, 2026 |
The Scrutinizer for the postal ballot process is M/s. Nityanand Singh & Co., Company Secretaries (Membership No. FCS 2668; CP No. 2388), appointed by the Board at its meeting held on April 20-21, 2026. If the resolution is passed by the requisite majority, it shall be deemed to have been passed on June 10, 2026. Members are requested to cast their votes exclusively through the remote e-voting facility; physical copies of the Postal Ballot Form are not being sent in compliance with MCA Circulars. The Postal Ballot Notice is available on the Company's website at www.hcltech.com and on NSDL's website at www.evoting.nsdl.com .
Historical Stock Returns for HCL Technologies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.23% | -4.75% | -21.22% | -28.28% | -31.56% | +26.17% |
How might Ms. Narsimhan's dual board membership at both HCL Technologies and Bharti Airtel influence potential strategic collaborations or conflicts of interest between the two tech and telecom giants?
Given Ms. Narsimhan's deep consumer goods and FMCG background from PepsiCo, Unilever, and Kimberly-Clark, how could her appointment shape HCL Technologies' strategy for expanding its consumer industry vertical?
With Ms. Narsimhan's simultaneous involvement in Meesho's IPO Committee, could her cross-board experience accelerate any capital market or governance reforms at HCL Technologies?
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