HCLTech awards $1 million to advance climate solutions in the Americas

1 min read     Updated on 05 Jun 2026, 06:53 PM
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HCLTech awarded $1 million to three nonprofits in the Americas through its Climate Action Grant. CISP received $500,000, while Aves Argentinas and Isla Urbana received $250,000 each for water and biodiversity projects. The program, now in its third year, has seen a 41% increase in applications since 2023.

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HCLTech awarded $1 million to three nonprofit organizations in the Americas to scale innovative climate initiatives as part of the third edition of its Climate Action Grant. The grant aims to support water security, biodiversity conservation, and access to clean water in climate-vulnerable regions, reinforcing the company's commitment to long-term climate resilience.

Guatemala-based CISP - Comitato Internazionale per lo Sviluppo dei Popoli was named the winner, receiving $500,000. Argentina-based Aves Argentinas and Mexico-based Isla Urbana – Lluvia para Todos A.C. were selected as runners-up, each receiving $250,000. The funding will enable these organizations to expand their work across the region.

Grant Allocation and Impact

The selected nonprofits will utilize the funds to drive specific environmental outcomes in their respective regions. The initiatives focus on scalable and locally relevant solutions to address climate challenges.

Organization Location Grant Amount Key Focus Area Estimated Impact
CISP Guatemala $500,000 Water security, sustainable land management Clean water for 200 families via rainwater harvesting
Aves Argentinas Argentina $250,000 Ecological restoration, biodiversity conservation Restoration of 790 hectares in the Iguazú river basin
Isla Urbana Mexico $250,000 Community-based rainwater harvesting 4.2 million liters of water for 2,300 individuals

Program Expansion and Selection

The 2026 edition of the grant attracted applications from nonprofit organizations across 10 countries, including Argentina, Brazil, Canada, Colombia, Costa Rica, Guatemala, Mexico, Panama, Peru, and the United States. This participation reflects a 41% increase in applications since the program's launch. A seven-member jury comprising HCLTech leaders and external experts selected the finalists through a multi-stage evaluation process.

Launched in 2023, the HCLTech Climate Action Grant in the Americas is part of the company's broader sustainability and CSR strategy. hcl technologies committed $5 million over five years for this initiative. To date, the program has supported the planting of over 360,000 native trees and mangroves and empowered more than 1,400 young people through climate leadership programs.

“We are inspired by the ingenuity and commitment demonstrated by this year's recipients, who are driving meaningful climate action in the communities that need it most,” said Dr. Nidhi Pundhir, Senior Vice President, Global CSR, HCLTech.

Historical Stock Returns for HCL Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
-1.16%-0.90%-3.82%-30.21%-28.99%+23.29%

How will HCLTech measure and report the long-term impact of these grants on climate resilience in the target regions?

Will HCLTech expand the Climate Action Grant to other regions beyond the Americas in the coming years?

What criteria will HCLTech prioritize for future grant selections as climate challenges evolve?

HCL Technologies confirms no encumbrance of shares by promoters in FY26

1 min read     Updated on 03 Jun 2026, 05:21 AM
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HCL Technologies disclosed that its promoters and promoter group have not encumbered any shares during FY26. The declaration was filed with the NSE under Regulation 31(4) of SEBI Takeover Regulations. Roshni Nadar Malhotra confirmed that no shares held by the promoters are currently encumbered.

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HCL Technologies Limited disclosed that its promoters and promoter group have not encumbered any shares held in the company during the financial year ended March 31, 2026. The declaration confirms that no shares held by the promoters are currently encumbered, directly or indirectly. This disclosure was submitted to the National Stock Exchange of India in compliance with regulatory requirements.

Regulatory Filing Details

The disclosure was made pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeover) Regulations, 2011. The filing was addressed to the National Stock Exchange of India Ltd. at Exchange Plaza, Bandra Kurla Complex, Mumbai. A copy of the communication was also marked to the Audit Committee of HCL Technologies Limited.

Detail Information
Regulation Regulation 31(4) of SEBI (Substantial Acquisition of Shares & Takeover) Regulations, 2011
Financial Year FY26
Period Covered Year ended March 31, 2026
Encumbrance Status No encumbrance of shares by promoters and promoter group

Authorized Declaration

The declaration was signed by Roshni Nadar Malhotra as the authorized signatory for the promoters and promoter group. The communication was dispatched from New Delhi and requested the exchange to place the disclosure on its records.

Historical Stock Returns for HCL Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
-1.16%-0.90%-3.82%-30.21%-28.99%+23.29%

Does the lack of share encumbrance indicate that HCL Technologies promoters are planning to maintain their current holding levels in the near future?

How might this clean encumbrance status impact investor confidence and stock volatility compared to peers with pledged shares?

Could the strong financial position implied by unencumbered shares lead to increased capital allocation towards acquisitions or R&D?

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1 Year Returns:-28.99%