HCL Infosystems Allots ₹100 Crore Debentures to HCL Capital Through Private Placement

HCL Infosystems Limited has completed the allotment of 10,00,000 unsecured non-convertible debentures worth ₹100 crores to HCL Capital Private Limited through private placement on January 6, 2026. The company informed the stock exchanges about this development in compliance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Debenture Allotment Details

The debenture issuance represents a significant fundraising initiative by HCL Infosystems Limited. The following table outlines the key parameters of the allotment:

Parameter:	Details
Total Debentures:	10,00,000 units
Face Value:	₹1,000 each
Total Issue Size:	₹100,00,00,000
Allottee:	HCL Capital Private Limited
Allotment Date:	January 6, 2026
Issue Type:	Private Placement

Terms and Conditions

The debentures carry specific terms that define their structure and repayment mechanism. The instruments offer an interest rate of 0.001% per annum with quarterly payment schedule. The maximum tenure extends to 10 years from the date of allotment, with maturity scheduled for January 5, 2036.

Feature:	Specification
Interest Rate:	0.001% per annum
Payment Schedule:	Quarterly
Maturity Date:	January 5, 2036
Security:	Unsecured
Listing Status:	Unlisted

Regulatory Compliance

The allotment follows HCL Infosystems' earlier disclosure dated November 6, 2025, and complies with multiple SEBI regulations and circulars. The company has provided comprehensive details as required under SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, along with specific circulars issued in 2023 and 2024.

The debentures are unsecured in nature, meaning no charge or security has been created over the company's assets. The instruments do not carry any special rights, interests, or privileges, and redemption may occur either out of profits or through fresh issue as determined by the company.

Key Features

The non-convertible debentures offer flexibility in redemption terms, allowing for early redemption upon mutual agreement between HCL Infosystems Limited and HCL Capital Private Limited. The quarterly interest payment structure provides regular returns to the allottee throughout the tenure of the instruments.

Company Secretary and Compliance Officer Twinkle Monga signed the disclosure document on behalf of HCL Infosystems Limited, ensuring proper corporate governance and regulatory compliance in the allotment process.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.43%	+3.18%	0.0%	-16.00%	-9.64%	+43.28%

HCL Infosystems Limited has received a significant legal development in an ongoing litigation matter involving its wholly owned subsidiary. The High Court of Himachal Pradesh has issued an interim order allowing the company's subsidiary to withdraw a substantial amount deposited in connection with a dispute.

Court Order Details

The High Court of Himachal Pradesh at Shimla issued an order dated December 31, which was received by the company on January 1. This interim order pertains to an appeal filed by HPSEBL (Himachal Pradesh State Electricity Board Limited) against an award dated March 15.

Parameter:	Details
Court:	High Court of Himachal Pradesh at Shimla
Order Date:	December 31
Received Date:	January 1
Appellant:	HPSEBL
Original Award Date:	March 15

Financial Impact and Withdrawal Terms

HCL Infotech Limited, the wholly owned subsidiary of HCL Infosystems Limited, has been permitted to withdraw ₹26.93 crore (₹269.30 million) deposited by HPSEBL along with complete interest. The withdrawal comes with specific conditions that must be fulfilled to the court's satisfaction.

Financial Details:	Amount/Condition
Withdrawal Amount:	₹26.93 crore
Additional Benefit:	Complete interest on deposited amount
Security Requirement:	Bank guarantee for equivalent amount
Additional Condition:	Undertaking to court's satisfaction

Legal Framework and Compliance

The disclosure has been made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This follows previous disclosures made by the company on March 18 and May 13, indicating this is part of an ongoing legal matter.

The company has complied with the regulatory requirements by providing detailed information about the litigation status, including brief details of the litigation and opposing party, changes in status and developments in proceedings, quantum of claims involved, and impact assessment on the company's position.

Future Legal Proceedings

Both parties retain the right to file appeals against this interim order, indicating that the litigation may continue through higher courts. The current order represents an interim relief rather than a final resolution of the dispute between HCL Infotech Limited and HPSEBL.

The company has informed both the Bombay Stock Exchange and National Stock Exchange of India about this development, ensuring transparency with stakeholders and compliance with listing obligations.